821:, president, chief executive officer and top shareholder of Sears Holding Corp. Lampert, with personal assets estimated at $ 2 billion, is also the founder and manager of the hedge fund ESL Investments Inc. He provided an additional loan of $ 500 million to the company and said he would provide letters of credit to Sears for additional amounts, reportedly totaling $ 200 million and possibly increasing to a half-billion dollars in the future. During this period, the company announced that it would close 150 stores (109 Kmart and 41 Sears outlets), in an attempt to cut its losses after a decline in sales of 12 to 13 percent during the holiday shopping season and the largest quarterly loss since 2013. On January 9, 2017, Sears announced that it had reached an agreement to sell the Craftsman brand to
1426:– formerly known as Sears logistics, acts as the supply chain arm for Sears Holding Company and served clients like the Air Force Exchange, the Navy Exchange, and former Sears brand Lands' End. The company specializes in storing and moving items of all sizes, including furniture, large appliances, and even entire wine cellars. Providing final mile' delivery, complete installation and white glove capabilities for 'big and bulky' products across the United States and Puerto Rico.
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shareholder votes of both companies. With the acquisition, the former HQ of Kmart in
Detroit moved to the Sears Headquarters. The result of the merger was Kmart and parent Kmart Holding Corporation and Sears became subsidiaries of the new Sears Holdings Corporation. Sears Holdings now operates Sears and Kmart stores. The company continues to market products under brands held by both companies.
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913:, filed a motion with the bankruptcy court to overturn the deal Sears Holdings had just made with Lampert claiming that Lampert had been "engaged in serial asset stripping" of the company at the expense of suppliers and landlords. The creditors want the bankruptcy court to force the company to liquidate instead.
1339:– a sub-chain of hypermarkets typically located away from shopping malls. Many Sears Grand locations are retrofit remodels of existing Kmart or Sears stores with a few freestanding locations. They carry an expanded inventory, and can range from 165,000 to 210,000 square feet (15,300 to 19,500 m).
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All other Kmart and Sears stores are staying open to turn the company around. Their online stores sears.com, kmart.com, and shopyourway.com are also staying open to serve members affected by the store closures. On the same day, Lampert announced that he was stepping down as CEO, remaining chairman of
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On
December 28, 2018. Sears Holdings announced that it would close an additional 80 Kmart and Sears stores, as it faces possible liquidation. Their deadline for a bid was December 28, 2018 at 4:00pm; if no offers are made for the company, it could face liquidation of the entire operation. During the
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On
September 11, 2018, the company stated it would announce its quarter 2 earnings when the market opened on September 13. After missing the deadline, the company announced at the end of the business day that it had lost $ 508 million, though same-store sales showed some improvements. The following
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On
January 4, 2018, Sears Holdings announced it would shutter 103 unprofitable Kmart and Sears stores, after 24 quarters of sales declines. These stores would be closing by April 2018, leaving Sears Holdings with 555 stores. According to an op-ed in MSN money, at this rate, Sears, along with sister
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on May 6, 2003. The new corporation became known as Sears
Holdings Corporation, simply known as Sears Holdings. The new corporation announced that it would continue to operate stores under both the Sears and Kmart brands. The merger of Kmart and Sears closed on March 24, 2005, following affirmative
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composed of members from the two companies: seven members from Kmart's board, and three from Sears. Shareholders in the Kmart
Holding Corporation received one share in the new company. Shares of Sears, Roebuck, and Co. stock were converted into a combination of 55 percent stock and 45 percent cash
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In March 2019, Sears
Holdings sued Transform Holdco LLC for $ 57.5 million it says it is owed from the sale. The company also says Transform owes it $ 41.3 million for credit card and cash transactions that occurred before the sale closed, as well as $ 16.2 million for a portion of February rent,
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announced that they were not in favor with the current Sears
Holding agreement with Lampert since that agreement would create a $ 1.7 billion funding gap in the employee pension fund that would require the American taxpayers to cover the shortfall. The same federal agency also accused "Lampert of
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In June 2008, Sears launched
Servicelive.com, which was intended to connect Sears customers with local contractors for home improvement projects. The site charges 10 percent of the contract price for each completed service and offers more than 40,000 contractors. Servicelive.com was redesigned in
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Not everyone was happy with the
Seritage move. Some people felt that the property sold were undervalued. The fact that Eddie Lampert was involved in both ends of the deal, made the move very suspect. Investors filed a lawsuit against the move. Lampert settled this deal agreeing to $ 40million.
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In May 2016, Sears Holdings announced that it was seeking strategic alternatives for its house brands to increase their revenue, including expanding their presence outside of Sears and Kmart. The filing stated that "by evaluating potential partnerships or other transactions that could expand
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has held the title of chairman of Sears Holdings over the period of decline. The first quarter of 2011 did not appear any better, with the company posting a net loss of $ 170 million, or $ 1.58 a share. Some industry analysts feel the heart of the problem is Eddie Lampert's "penny-pinching"
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with money being diverted from the maintenance and improvement of stores to non-retail financial investments. A former executive was quoted as saying the company faced an "uncertain future". Surprisingly, a third of pre-tax income in the third quarter of 2006, according to
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On February 7, 2019, a bankruptcy judge approved a $ 5.2 billion plan by Searsβ chairman and biggest shareholder to keep the iconic business going. The approval means roughly 425 stores and 45,000 jobs will be preserved. As a result, the retail business has emerged into
769:. The company has faced consistent quarters of decline since the merger of Sears, Roebuck and Co. and Kmart Corp in 2005, the first year of results for the merged company. Income plunged 84 percent from $ 858 million, or $ 6.17 per diluted share from 2005 to 2011.
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The company closed a number of stores between 2011 and 2013. On December 27, 2011, after poor holiday sales, the company announced 100 to 120 Sears and Kmart stores would close. On February 23, 2012, Sears Holdings Corp. announced it is closing all nine
1442:(formerly Sears Dealer Store) – a chain of smaller, free-standing stores located in smaller markets that did not support full-sized Sears stores. These locations primarily concentrated on hardware, appliances, and lawn-and-garden supplies.
836:. The brand is intended to operate as a standalone version of the Sears Auto Center locations attached to Sears department stores; the location was chosen because it was in proximity to a Sears location that had closed. In December 2017, the
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On February 22, 2010, the Sears Automotive business launched a new Independent Sears Auto Center franchise program that offers automobile dealers the opportunity to operate licensed Sears Auto Centers, with the first dealership in
782:" stores. On December 6, 2013, Sears Holding Corp. announced that it will spin off Lands' End catalog business as a separate company by distributing stock to the retailer's stockholders. Lands' End stock began trading on the
737:, a "separate, wholly-owned, bankruptcy-remote subsidiary". KCD stands for the three brands: Kenmore, Craftsman, and DieHard. KCD IP then issued $ 1.8 billion in bonds that were sold to Sears' insurance subsidiary based in
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On November 23, 2018, Sears Holdings released a list of 505 stores, including 239 Kmart stores and 266 Sears stores, that are for sale in the bankruptcy process while all others are currently holding liquidation sales.
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last few minutes of the auction, Lampert sent a $ 4.6 billion bid to try to keep the dying company alive. He plans to keep 425 locations open, including 202 Kmart stores and 223 Sears stores, with 50,000 employees.
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version of Sears department stores located in various retail locations across the U.S. and Canada. These stores carried new, one-of-a-kind, out of a carton, discontinued, used, scratched, and dented merchandise at
1414:– a subsidiary created when Sears Holdings purchased the rights to WallyHome sensor technology from SNUPI Technologies in 2015. The company provides technology for home safety, security, and loss prevention.
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On March 15, 2018, Sears Holdings announced a small profit was made in quarter 4 of 2017. However, investors are claiming that this is due to tax refunds and that sales are still falling for both Kmart and Sears.
806:, amounted to a total of 37.1 million square feet of space. The strategy of department stores converting their real estate holdings into REITs has been well-used in the current commercial real estate environment.
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On May 24, 2019, Sears announced it was opening small stores under the name Sears Home&Life. These stores would mainly sell appliances, mattresses, connected home products. This was done at three locations:
610:. In 2005, Sears introduced a new store format called Sears Essentials. As part of this new store format, some Kmart stores were converted to Sears Essentials, as well as a few locations that were acquired from
1296:– a hybrid-online retail concept launched in spring of 2009, where products are ordered ahead of time and then are either shipped to the customer or held at a local Kmart for the customer to pick up.
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1280:– a sub-chain of Kmart that uses a hypermarket model, carrying an expanded inventory. Big Kmart stores range from 84,000 to 120,000 sq ft (7,800 to 11,100 m). Since the merger with
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held by both companies could be made more accessible to their target demographics by leveraging their combined real estate holdings. This was estimated to be an expected $ 200 million a year in revenue
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the board. He also announced that CFO Robert A. Riecker, CDO Leena Munjal, and apparel and footwear segment president Greg Ladley would collectively share the responsibilities of CEO in his place.
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chain in Canada similar to the U.S. stores. At one point it owned as much as 92% of the Canadian company, but it failed in 2006 to buy the remainder of Sears Canada that it did not own because
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and several bankrupt discount retailers. The new store format combined the Sears store concept with the Kmart format, which was intended to help the company better compete with Walmart and
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for $ 900 million, plus royalties on new Craftsman sales for a 15-year period. During this period, Sears will continue selling Craftsman products royalty-free under a licensing agreement.
1614:
1522:– a chain of free-standing hardware stores, which averaged 28,000 square feet. Stores carried home repair, hardware products, and lawn and garden supplies, found primarily in
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On November 17, 2004, the management of Kmart Holding Corporation announced its intention to purchase Sears, Roebuck and Co. under a new corporation. Kmart previously emerged from
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reported that Sears Holdings Corp. had not paid for any national television commercials since late November 2017, for both Kmart and Sears, instead relying on online marketing.
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Investors cheered the moves, sending Sears up as much as 8 percent to $ 11.19 in New York. The stock had slumped 55 percent last year as the company continued to post losses.
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for $ 6.75 a share. Sears already owned 13.7 percent of the company. That offer was withdrawn after Restoration's shares tumbled and a competing bid from private equity firm
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Sears Holdings announced on January 16, 2019, that Lampert (through his hedge fund, ESL Investments) had won the bankruptcy auction, allowing the company to remain open.
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Preservation of two brands after the merger was intended to allow Sears Holdings to continue focusing on different customer demographics, without alienating either group.
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company Kmart, has an extremely high chance of disappearing and going defunct in 2018, and that 2017 will have marked its final holiday season as an independent brand.
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on October 15, 2018, in New York; the same day that a $ 134 million debt payment was due, and will close 142 stores, including 63 Kmart stores and 79 Sears stores.
1333:. with a few freestanding locations. These stores carry traditional, middle-class priced department store items as well as an expanded appliance and tools section.
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1388:– launched in 2017, these full-service auto care centers are similar to Sears Auto Centers although they are not attached to Sears stores. Specialize in
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1436:– a subsidiary of Sears that operated a series of more specialized department stores. In 2012, these stores were spun off into an independent company.
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are now available in Kmart stores; they were previously exclusive to the Sears brand. However, Martha Stewart brand paint colors were discontinued at Sears.
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1500:– the predecessor to Sears Grand, with a similar model. The concept was discontinued in 2006 but stores retained the Sears Essentials name until 2012.
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On June 28, 2019, it was reported that Sears Holdings had plans to fully dissolve after selling its retail assets to ESL Investments a few months prior.
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distribution of our brands and service offerings, we can position both businesses to achieve greater success." Sears opened standalone appliance stores.
549:. Earlier in the year, Sears had purchased dozens of current Super Kmart locations; the merger permitted the combined company to accelerate that process.
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After hitting below $ 1 per share due to bankruptcy filing, Sears Holdings was delisted from NASDAQ on October 24, 2018 and became listed on OTC Pink.
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The merger was completed on March 24, 2005, after receiving regulatory approval from the government and approval by shareholders of both companies.
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and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for
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1290:– a new format that was implemented in several Super Kmart locations, which extended the grocery section into a store-within-a-store model.
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1494:– the predecessor to Big Kmart, with a similar model. The last Super Kmart was located in Warren, Ohio, and closed on April 8, 2018.
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cost-savings by stifling investment into stores. Instead, the company has been buying back stock and increasing its presence online.
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The establishment of a shared customer-focused corporate culture between the two companies was estimated to yield improvements in
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1483:– a line of business-casual clothing, sold both at Sears in a store-within-a-store model as well as in standalone stores.
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took a 17.3 percent stake in it and prevented any takeover. He accepted to sell his stake at $ 30 a share on April 23, 2010. .
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structuring the deal to inappropriately obtain ownership of the chain's Kenmore appliance brand and the Diehard tools brand."
730:, was due to financial trades and not the retail business. However, these investments performed poorly in the fourth quarter.
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2774:"'I've decided to step down as CEO': Eddie Lampert sends email to Sears employees after the company files for bankruptcy"
1363:, feature a carry-in point for customers to bring merchandise in that needs to be repaired either in- or out-of-warranty.
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1990:"Risky Side of Sears: Retailer Is Recast as a Hedge Fund, as Sales and Stores Decline, Chairman Focuses on Investment".
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day, Lampert blamed the losses on the company's difficulties in paying pensions and the resulting regulatory penalties.
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On October 10, 2018, it was reported that Sears Holdings had engaged advisors regarding an imminent bankruptcy filing.
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587:(at $ 50 a share). Stockholders had a choice of receiving either stock or cash, subject to the predefined ratio.
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3142:"Here's what happened to all of the brands Sears used to own, from a car-insurance company to a hardware store"
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1420:– Premium appliance showrooms for architects, builders, designers, developers, and homeowners to browse.
1369:– online travel and booking agency owned in partnership with International Cruise & Excursions, Inc.
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to be called Seritage Growth Properties, with the package of properties backed by a $ 925 million loan from
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the brand, Sears launched a pilot location in San Antonio for a DieHard-branded auto service franchise,
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sears has hired abacus advisory group to oversee liquidation on the remaining stores within the company
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On November 8, 2018, Sears Holdings announced it would close an additional 40 Kmart and Sears stores.
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1408:– a joint venture held by Whirlpool and Sears Holdings that performs mobile appliance repairs.
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3042:"Sears pins its future on small stores selling appliances, mattresses. Here's what that looks like"
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1359:– a chain of lawn-and-garden equipment and appliances parts stores. Some stores, branded as
1274:. They carry most standard department store stock as well as a limited selection of grocery items.
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was lowered to $ 4.50 per share. On February 28, Sears Holdings made an offer of $ 4.55 a share.
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2671:"Sears Holdings shares fall below $ 1 as key debt deadline nears, stock risks being delisted"
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On September 28, 2018, Sears Holdings began selling at less than a dollar per share, risking
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1345:– a division of Sears that specializes in appliance repair, lawn and garden services,
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2993:"Is Eddie Lampert set to 'steal' Kenmore brand? Courtroom clash will decide fate of Sears"
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At least $ 300 million a year in cost savings was expected annually, particularly in the
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1898:"Are Sears Canada's days numbered? Poor results could have U.S. retailers circling soon"
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according to the documents. Sears Holdings could not be reached for additional comment.
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Sears Holdings has begun cross-selling merchandise between its two brands. For example,
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802:. The 235 properties, mainly Sears and Kmart locations, spread across the country and
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its remaining holdings in Orchard Supply to shareholders effective December 30, 2011.
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2972:"CEO's latest bid to save Sears would leave pensioners high and dry, government says"
2951:"Ex-Sears CEO Eddie Lampert orchestrated 'scheme' to 'steal' Sears, creditors allege"
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2899:"Crunch time for Sears: More store closings and a last-minute bid to save company"
2346:...took over as Sears CEO in 2013 ... has presided over a remarkable dismantling.
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1467:– a subchain of sears that focused on home appliances and related services.
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30:
This article is about the holding company. For the department store chain, see
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2304:"Sears brand expansion: It seeks DieHard jolt, hopes to clean up with Kenmore"
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in 2007); Wesfarmers also holds the rights to the Kmart brand in New Zealand.
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3167:"Costco just bought up a logistics company from Sears' owner for $ 1 billion"
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March 2010. In 2010, Dennis Stemmle was appointed president of the division.
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2750:"Sears files for Chapter 11 bankruptcy protection, to close 142 more stores"
2411:"Sears Agrees to Sell Craftsman to Stanley Black & Decker to Raise Cash"
2221:
2110:"'Twin Titanics' or Turnaround β Which Way Are Sears and Kmart Headed?"
794:
In 2015, Sears Holdings planned to spinoff 235 of its properties into a new
744:
On December 14, 2007, the company submitted a draft merger agreement to buy
598:
3013:"Sears gets to stay in business: Bankruptcy judge OKs Eddie Lampert's plan"
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3254:
The Hard Road to the Softer Side: Lessons from the Transformation of Sears
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2918:"Sears to Stay Open, After Edward Lampert Prevails in Bankruptcy Auction"
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in 2019. The new owner moved Sears assets to its newly formed subsidiary
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Kmart's Ten Deadly Sins β How Incompetence Tainted an American Icon
1540:, bedding, and kitchen-and-bath fixtures. This chain was closed in 2012.
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2686:"Sears reportedly preparing for bankruptcy filing as soon as this week"
1536:– a chain of free-standing home-dΓ©cor stores that carry high-end
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2874:"Sears is closing 80 more stores in March, faces possible liquidation"
1526:. It was owned by Sears from 1996 to 2012 and was later absorbed into
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2286:"Investors reach $ 40 million settlement over Sears real estate deal"
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Sears Holdings continued to operate stores under the Sears and Kmart
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90:
3193:"LIVE Last Day at KMART SUPER CENTER in Warren Ohio Youtube Meet-Up"
741:. Sears would thus pay KCD for use of the three brands' trademarks.
2849:"List Of Sears Stores To Be Sold And Other Bankruptcy Developments"
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2265:"This CMBS is Backed Exclusively by Stores Leased to Sears, Kmart"
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In late 2016 and early 2017, some significant steps were taken by
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Houses By Mail: A Guide to Houses from Sears, Roebuck and Company
2464:"Sears Stopped Buying National TV Ads in Critical Holiday Season"
2381:"Sears to Sell Craftsman, Shut 150 Stores as Lampert Raises Cash"
1652:"ESL Investments Completes Acquisition of Sears Holdings' Assets"
721:, in a March 11, 2007, article, described the current Sears as a
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2360:"With Craftsman sale, Sears takes another step toward the grave"
1595:β an independent Australian chain formerly affiliated with Kmart
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2700:"Sears prepares to file for bankruptcy in coming days: sources"
674:. On December 14, 2011, Sears Holdings announced that it would
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3240:
The Big Store β Inside the Crisis and Revolution at Sears
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1720:"SEARS HOLDINGS CORP (SHLDQ) Income Statement - Yahoo Finance"
537:
The two companies cited several reasons for combining forces:
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2620:"Sears built the suspense, then reported another bad quarter"
1530:. Orchard Supply Hardware ceased operations in November 2018.
2726:"Sears, the Original Everything Store, Files for Bankruptcy"
1807:"Sears, the Original Everything Store, Files for Bankruptcy"
1738:"SEARS HOLDINGS CORP (SHLDQ) Balance Sheet - Yahoo Finance"
27:
Former holding company of Sears and Kmart from 2005 to 2019
3124:"Sears launches free-standing pilot DieHard Auto Center"
2436:"Sears launches free-standing pilot DieHard Auto Center"
2137:"Sears Holdings Posts $ 170 Million Loss in 1st Quarter"
2798:"Another Sears death knell: Stock delisted from Nasdaq"
2461:
Vranica, Suzanne; Kapner, Suzanne (December 31, 2017).
666:
In 2005, Sears Holdings sold a stake in hardware chain
516:
and after that, Sears Holdings Corporation was closed.
4412:
Companies that filed for Chapter 11 bankruptcy in 2018
4367:
Companies traded over-the-counter in the United States
2645:"What's killing Sears? Its own retirees, the CEO says"
2056:"Sears Updates Its Online Marketplace ServiceLive.com"
1922:. The Associated Press. April 23, 2010. Archived from
1615:
In the Matter of Sears Holdings Management Corporation
1459:
Sears Appliance & Hardware/ Sears Appliance Outlet
733:
In 2007, the company placed its three major brands in
3266:
Stevenson, Katherin Cole, and Jandl, H. Ward, (1995)
1755:
Barbash, Fred; Barbaro, Michael (November 17, 2004).
916:
On January 28, 2019, the federal government operated
2485:"Sears Holdings to Close 103 Kmart and Sears Stores"
1825:"Kmart to acquire Sears in $ 11 billion dollar deal"
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beginning in 1994. Sears Optical shut down in 2020.
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3067:"Sears Holdings Files Amended Plan of Liquidation"
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1916:"Sears to buy additional interest in Sears Canada"
1353:can also do a repair on small appliances in-store.
1284:, many stores have been rebranded simply to Kmart.
3212:"All Sears Optical locations to close February 1"
2038:"Sears Takes 13.7% Stake in Restoration Hardware"
1461:– a chain of free-standing hardware stores.
602:The exterior of a typical Sears Essentials store.
1310:in 2006. This location closed in September 2018.
496:. It was the parent company of the chain stores
2684:Lauren Hirsch; Lauren Thomas (9 October 2018).
1605:Sears "Design the 1988 Wish Book Cover" Contest
1473:– a fashion-only version of Sears Outlet.
681:In November 2006, speculation rolled around as
651:owns the other 80 percent. Like Target stores,
304:Greg Ladley (President of Apparel and Footwear)
2916:Kapner, Suzanne; Rizzo, Lillian (2019-01-16).
2824:"Sears to shut 40 more stores early next year"
1306:An older Sears exterior with newer signage at
3725:
3323:
2822:Thomas, Lauren; Hirsch, Lauren (2018-11-08).
2579:"10 brands that will disappear in 2018:Kmart"
2553:"10 brands that will disappear in 2018:Sears"
2236:"Lands' End Starts Trading as Public Company"
2196:"Sears closing all nine Great Indoors stores"
1270:that are usually free-standing or located in
8:
3296:Historical business data for Sears Holdings:
2409:Merced, Michael J. De La (January 5, 2017).
2164:"More than 100 Sears, Kmart stores to close"
2088:"Sears Starts Auto Center Franchise Program"
851:, ceased operations with all stores closed.
508:on October 15, 2018, and sold its assets to
37:
3191:That Nate Guy On YouTube (April 12, 2018).
2379:Coleman-Lochner, Lauren (January 5, 2017).
1349:service, as well as most in-home services.
473:Archive of website before company dissolved
307:Robert A. Riecker (Chief Financial Officer)
4316:Companies in the Chicago metropolitan area
3732:
3718:
3710:
3330:
3316:
3308:
2493:. Reuters. January 4, 2018. Archived from
959:
847:On January 14, 2018, their Canadian unit,
36:
4407:American companies disestablished in 2019
2577:Douglas A. McIntyre (December 18, 2017).
2551:Douglas A. McIntyre (December 18, 2017).
1375:– held 10% stake from 2014 to 2018.
4362:Companies based in Cook County, Illinois
2218:"Sears to spin off Lands' End business,"
834:DieHard Auto Center driven by Sears Auto
4387:Companies formerly listed on the Nasdaq
4382:Retail companies disestablished in 2019
2257:
2255:
1866:U.S. Securities and Exchange Commission
1635:"2015 Form 10-K, Sears Holding Company"
1626:
643:Sears Holdings also owns 20 percent of
4402:American companies established in 2005
4397:Holding companies of the United States
2262:Bisbey, Allison (September 11, 2015).
4377:Holding companies established in 2005
2605:"Sears Is Finally Revealing Earnings"
1841:. Associated Press. November 17, 2004
1757:"Sears, Kmart To Merge in $ 11B Deal"
7:
4372:Retail companies established in 2005
2897:Isidore, Chris (December 28, 2018).
2724:Corkery, Michael (14 October 2018).
1805:Corkery, Michael (14 October 2018).
918:Pension Benefit Guaranty Corporation
301:Leena Munjal (Chief Digital Officer)
2991:Bomey, Natthan (January 31, 2019).
2970:Siegel, Rachel (January 28, 2019).
2603:Butler, David (12 September 2018).
2358:Sweeney, Brigid (January 5, 2017).
1696:
1694:
1692:
1690:
628:Sears Holdings owned 51 percent of
4140:Blue Cross Blue Shield Association
3982:Fortune Brands Home & Security
541:Sears had begun investing in new,
25:
2135:Jones, Sandra M. (May 19, 2011).
3576:Sears Hometown and Outlet Stores
3210:Kauffman, William (2020-01-21).
2526:. Sears Holdings. Archived from
2054:Much, Marylin (March 18, 2010).
2015:. April 16, 2007. Archived from
1875:United States federal government
1567:
1553:
1433:Sears Hometown and Outlet Stores
1402:shared between all subsidiaries.
905:On January 24, 2019, a group of
879:Chapter 11 bankruptcy protection
531:Chapter 11 bankruptcy protection
414:
413:
394:
393:
370:
369:
346:
345:
319:
318:
43:
4190:Health Care Service Corporation
2847:Researcher, WYCO (2018-11-23).
1966:"Sears May Have Eye on Safeway"
1946:"Sears Holdings Press Releases"
1896:Shaw, Hollie (8 January 2013).
568:and in administrative overhead.
203:and moved to its new subsidiary
4265:Skidmore, Owings & Merrill
3091:"'Old Sears' sues 'new Sears'"
1465:Sears Home Appliance Showrooms
1361:Sears Parts and Repair Centers
659:(which acquired former owners
1:
4321:Food manufacturers of Chicago
3987:Florists' Transworld Delivery
3972:Donnelley Financial Solutions
3927:Arthur J. Gallagher & Co.
3040:Thomas, Lauren (2019-05-24).
2872:Thomas, Lauren (2018-12-28).
2112:. May 5, 2011. Archived from
582:The company is directed by a
3942:Career Education Corporation
2949:Bomey, Nathan (2019-01-24).
1329:that are usually located in
687:reported that Sears may buy
3741:Illinois-based corporations
3252:Martinez, Arthur C. (2001)
1861:"Kmart Holding Corporation"
289:chief restructuring officer
4428:
4357:Companies based in Chicago
4047:Telephone and Data Systems
3869:Old Republic International
3624:Homart Development Company
2007:"The New Alchemy At Sears"
1792:National Retail Federation
823:Stanley Black & Decker
525:2004–2005: Formation
482:Sears Holdings Corporation
38:Sears Holdings Corporation
29:
4392:Hoffman Estates, Illinois
3639:Pace Membership Warehouse
3566:National Tire and Battery
3276:Turner, Marcia L. (2003)
2517:"Store Closures (1/4/18)"
2330:"Profile: Edward Lampert"
2061:Investor's Business Daily
1418:Monark Premium Appliances
139:Kmart Holding Corporation
42:
18:Sears Holding Corporation
3889:Walgreens Boots Alliance
3884:United Airlines Holdings
3355:, Chairman (major owner)
828:As part of an effort to
4067:Tootsie Roll Industries
3634:Orchard Supply Hardware
3581:Sears Roebuck de MΓ©xico
3561:Martha Stewart Everyday
3270:John Wiley & Sons;
3238:Katz, Donald R. (1987)
2470:The Wall Street Journal
1601:β defunct Canadian unit
1519:Orchard Supply Hardware
1406:A&E Factory Service
1392:-branded auto products.
670:to private equity firm
668:Orchard Supply Hardware
655:in Australia belong to
4326:Newspapers in Illinois
3854:MondelΔz International
3774:Archer Daniels Midland
1311:
877:The company filed for
603:
158:; 19 years ago
144:Sears, Roebuck and Co.
81:: SHLDQ (common stock)
4311:Breweries in Illinois
4165:Electro-Motive Diesel
4007:Nalco Holding Company
3932:Brunswick Corporation
3283:; Hoboken, New Jersey
3281:John Wiley & Sons
1510:typically located in
1487:Defunct Subsidiaries
1305:
935:Overland Park, Kansas
684:The Chicago Sun Times
601:
506:Chapter 11 bankruptcy
193:Chapter 11 bankruptcy
176:; 5 years ago
4331:Wineries in Illinois
4210:Kirkland & Ellis
3779:Baxter International
3536:Dean Witter Reynolds
3380:Richard Warren Sears
3375:Alvah Curtis Roebuck
2365:Crain Communications
2042:finanznachrichten.de
1656:www.businesswire.com
1471:Sears Fashion Outlet
943:Lafayette, Louisiana
927:Transform Holdco LLC
911:Simon Property Group
800:JP Morgan Chase Bank
746:Restoration Hardware
653:Kmart-branded stores
4175:Follett Corporation
4052:Titan International
3957:Cboe Global Markets
3824:Illinois Tool Works
3764:Abbott Laboratories
3592:acquired properties
3437:Harry B. Cunningham
3272:Hoboken, New Jersey
3065:Lichtenberg, Nick.
2922:Wall Street Journal
2225:, December 6, 2013.
2090:. February 22, 2010
1993:The Washington Post
1948:. Searsholdings.com
1926:on February 1, 2016
1762:The Washington Post
1658:. February 11, 2019
1398:– a customer
1386:DieHard Auto Center
1381:Other subsidiaries
1351:Sears Home Services
1343:Sears Home Services
1325:– a chain of
1266:– a chain of
1251:Former subsidiaries
907:unsecured creditors
838:Wall Street Journal
728:The Washington Post
718:The Washington Post
701:BJ's Wholesale Club
431:Number of employees
296:Office of the CEO:
240:Number of locations
221:3333 Beverly Road,
39:
4230:Medline Industries
4215:LSC Communications
4205:Jenner & Block
4102:Zebra Technologies
4097:Wintrust Financial
4062:Tribune Publishing
4037:Rubicon Technology
4002:Kemper Corporation
3977:Equity Residential
3859:Motorola Solutions
3804:Discover Financial
3644:PayLess Drug Store
3422:Joseph E. Antonini
3346:Current management
2730:The New York Times
2497:on January 7, 2018
2490:The New York Times
2442:. 21 February 2017
2415:The New York Times
2292:. 9 February 2017.
1971:2007-09-30 at the
1811:The New York Times
1492:Kmart Super Center
1312:
786:on April 7, 2014.
750:Catterton Partners
604:
584:board of directors
287:Mohsin Y. Meghji (
244:766 (Q3 2018)
87:: SHLWQ (warrants)
4339:
4338:
4295:Wirtz Corporation
4200:Hub International
4150:Country Financial
3997:Hyatt Hotels Corp
3809:Dover Corporation
3707:
3706:
3619:The Great Indoors
3457:Edward R. Telling
3427:Edward A. Brennan
3216:AFSCME Council 13
3018:Los Angeles Times
2524:searsholdings.com
2336:. January 9, 2017
2198:. Chicago Tribune
2194:Sandra M. Jones.
2169:News & Record
2019:on April 15, 2007
1996:. March 11, 2007.
1978:Chicago Sun-Times
1742:finance.yahoo.com
1724:finance.yahoo.com
1640:. Sears Holdings.
1534:The Great Indoors
1424:Innovel Solutions
1357:Sears PartsDirect
1327:department stores
1248:
1247:
939:Anchorage, Alaska
780:The Great Indoors
488:headquartered in
479:
478:
199:; assets sold to
123:department stores
16:(Redirected from
4419:
4270:Solo Cup Company
4118:(alphabetically)
4077:Univar Solutions
3947:Century Aluminum
3910:(alphabetically)
3734:
3727:
3720:
3711:
3679:Sports Authority
3521:American Freight
3447:W. Bruce Johnson
3417:James B. Adamson
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3171:Business Insider
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3146:Business insider
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2643:Isidore, Chris.
2640:
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2618:Isidore, Chris.
2615:
2609:
2608:
2607:. Seeking Alpha.
2600:
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2248:. April 7, 2014.
2246:Associated Press
2232:
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2216:Hadley Malcolm,
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2174:Associated Press
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2068:on July 13, 2011
2064:. Archived from
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1877:. March 24, 2005
1871:Washington, D.C.
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1702:"Sears Holdings"
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1575:Companies portal
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1498:Sears Essentials
960:
909:, that included
634:department store
484:was an American
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398:US$ 6.7 billion
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3551:Kmart Australia
3526:Coldwell Banker
3502:
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3432:Charles Conaway
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3233:Further reading
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3128:Automotive News
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3021:. February 2018
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1400:loyalty program
1367:Sears Vacations
1268:discount stores
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870:2018 bankruptcy
792:
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760:2010–2014
672:Ares Management
623:Craftsman tools
596:
594:2005–2009
545:stores, called
543:larger off-mall
527:
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510:ESL Investments
490:Hoffman Estates
486:holding company
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4352:Sears Holdings
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4304:Related topics
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3462:Robert E. Wood
3459:
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3407:
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3339:Sears Holdings
3337:
3335:
3334:
3327:
3320:
3312:
3306:
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3303:
3302:
3297:
3293:
3289:
3288:External links
3286:
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3257:Crown Business
3250:
3234:
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3228:
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3183:
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2101:
2079:
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2030:
1998:
1983:
1958:
1937:
1907:
1902:Financial Post
1888:
1852:
1816:
1797:
1784:"Top100 Table"
1775:
1747:
1729:
1711:
1686:
1668:
1643:
1625:
1624:
1622:
1619:
1618:
1617:
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1610:Sears (Mexico)
1607:
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1596:
1590:
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1579:
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1561:Chicago portal
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1440:Sears Hometown
1429:
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1393:
1378:
1377:
1376:
1370:
1364:
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1340:
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1331:shopping malls
1316:Sears division
1300:
1299:
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1297:
1291:
1285:
1275:
1257:Kmart division
1252:
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990:
986:
985:
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979:
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964:
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871:
868:
819:Edward Lampert
791:
788:
761:
758:
713:Anheuser-Busch
595:
592:
580:
579:
576:
575:per unit area.
569:
562:
550:
526:
523:
521:
518:
477:
476:
469:
465:
464:
462:
461:
455:
448:
446:
440:
439:
433:
430:
427:
426:
411:
403:
402:
391:
383:
382:
367:
362:
359:
358:
343:
338:
335:
334:
316:
312:
311:
309:
308:
305:
302:
293:
292:
285:
270:
268:
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254:
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239:
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232:
222:
219:
215:
214:
209:
205:
204:
190:
186:
185:
172:
168:
167:
163:March 24, 2005
156:March 24, 2005
154:
150:
149:
147:
146:
141:
135:
133:
129:
128:
126:
125:
120:
118:Big-box stores
114:
112:
108:
107:
102:
98:
97:
95:
94:
88:
82:
75:
73:
68:
65:
64:
62:
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55:
53:
49:
48:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
4424:
4413:
4410:
4408:
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4400:
4398:
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4380:
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4260:Sidley Austin
4258:
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4018:
4015:
4013:
4010:
4008:
4005:
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4000:
3998:
3995:
3993:
3990:
3988:
3985:
3983:
3980:
3978:
3975:
3973:
3970:
3968:
3967:CNA Financial
3965:
3963:
3960:
3958:
3955:
3953:
3952:CF Industries
3950:
3948:
3945:
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3677:
3675:
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3670:
3667:
3665:
3662:
3660:
3657:
3655:
3652:
3650:
3649:Parts America
3647:
3645:
3642:
3640:
3637:
3635:
3632:
3630:
3627:
3625:
3622:
3620:
3617:
3615:
3612:
3610:
3607:
3605:
3602:
3600:
3599:Borders Group
3597:
3596:
3594:
3588:
3582:
3579:
3577:
3574:
3572:
3569:
3567:
3564:
3562:
3559:
3557:
3554:
3552:
3549:
3547:
3546:Discover Card
3544:
3542:
3539:
3537:
3534:
3532:
3529:
3527:
3524:
3522:
3519:
3517:
3514:
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3505:
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3420:
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3415:
3414:
3412:
3408:
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3399:
3397:
3394:
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3391:
3387:
3381:
3378:
3376:
3373:
3371:
3368:
3367:
3365:
3361:
3354:
3353:Eddie Lampert
3351:
3350:
3348:
3344:
3340:
3333:
3328:
3326:
3321:
3319:
3314:
3313:
3310:
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3294:
3292:
3291:
3287:
3282:
3279:
3275:
3273:
3269:
3265:
3262:
3261:New York City
3258:
3255:
3251:
3248:
3247:New York City
3244:
3241:
3237:
3236:
3232:
3217:
3213:
3206:
3203:
3198:
3194:
3187:
3184:
3172:
3168:
3162:
3159:
3147:
3143:
3137:
3134:
3130:. 2017-02-21.
3129:
3125:
3119:
3116:
3110:
3107:
3096:
3092:
3086:
3083:
3072:
3071:Bloomberg Law
3068:
3061:
3058:
3047:
3043:
3036:
3033:
3020:
3019:
3014:
3008:
3005:
3000:
2999:
2994:
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2893:
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2879:
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2868:
2865:
2854:
2853:Seeking Alpha
2850:
2843:
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2829:
2825:
2818:
2815:
2803:
2802:New York Post
2799:
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2790:
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2701:
2695:
2692:
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2672:
2665:
2662:
2654:September 14,
2650:
2646:
2639:
2636:
2625:
2621:
2614:
2611:
2606:
2599:
2596:
2584:
2580:
2573:
2570:
2558:
2554:
2547:
2544:
2533:on 2018-01-04
2529:
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2351:
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2335:
2331:
2325:
2322:
2310:. 26 May 2016
2309:
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2256:
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2197:
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2171:
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2144:
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2138:
2131:
2128:
2115:
2111:
2105:
2102:
2089:
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2080:
2067:
2063:
2062:
2057:
2050:
2047:
2043:
2039:
2034:
2031:
2018:
2014:
2013:
2008:
2002:
1999:
1995:
1994:
1987:
1984:
1980:
1979:
1974:
1970:
1967:
1962:
1959:
1947:
1941:
1938:
1925:
1921:
1917:
1911:
1908:
1903:
1899:
1892:
1889:
1876:
1872:
1868:
1867:
1862:
1856:
1853:
1840:
1836:
1835:New York City
1832:
1831:
1826:
1820:
1817:
1812:
1808:
1801:
1798:
1793:
1789:
1785:
1779:
1776:
1764:
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1758:
1751:
1748:
1743:
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1657:
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1647:
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1630:
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1620:
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1613:
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1608:
1606:
1603:
1600:
1597:
1594:
1591:
1589:
1586:
1584:
1581:
1580:
1576:
1565:
1562:
1551:
1546:
1539:
1535:
1532:
1529:
1525:
1521:
1520:
1516:
1513:
1509:
1506:β a chain of
1505:
1504:Sears Optical
1502:
1499:
1496:
1493:
1490:
1489:
1488:
1485:
1482:
1481:
1477:
1472:
1469:
1466:
1463:
1460:
1457:
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1449:
1448:
1444:
1441:
1438:
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1435:
1434:
1430:
1425:
1422:
1419:
1416:
1413:
1410:
1407:
1404:
1401:
1397:
1396:Shop Your Way
1394:
1391:
1387:
1384:
1383:
1382:
1379:
1374:
1371:
1368:
1365:
1362:
1358:
1355:
1352:
1348:
1344:
1341:
1338:
1335:
1332:
1328:
1324:
1323:
1319:
1318:
1317:
1314:
1313:
1309:
1308:Hawthorn Mall
1304:
1295:
1292:
1289:
1286:
1283:
1279:
1276:
1273:
1269:
1265:
1264:
1260:
1259:
1258:
1255:
1254:
1250:
1243:
1240:
1237:
1234:
1231:
1228:
1227:
1223:
1220:
1217:
1214:
1211:
1208:
1207:
1203:
1200:
1197:
1194:
1191:
1188:
1187:
1183:
1180:
1177:
1174:
1171:
1168:
1167:
1163:
1160:
1157:
1154:
1151:
1148:
1147:
1143:
1140:
1137:
1134:
1131:
1128:
1127:
1123:
1120:
1117:
1114:
1111:
1108:
1107:
1103:
1100:
1097:
1094:
1091:
1088:
1087:
1083:
1080:
1077:
1074:
1071:
1068:
1067:
1063:
1060:
1057:
1054:
1051:
1048:
1047:
1043:
1040:
1037:
1034:
1031:
1028:
1027:
1023:
1020:
1017:
1014:
1011:
1008:
1007:
1003:
1000:
997:
994:
991:
988:
987:
983:
980:
978:in mil. US$
975:
973:in mil. US$
970:
968:in mil. US$
965:
962:
961:
955:
953:
949:
946:
944:
940:
936:
930:
928:
922:
919:
914:
912:
908:
903:
900:
896:
892:
889:
886:
882:
880:
875:
869:
867:
865:
860:
856:
852:
850:
845:
841:
839:
835:
831:
826:
824:
820:
815:
811:
807:
805:
801:
797:
789:
787:
785:
781:
775:
772:
771:Eddie Lampert
768:
759:
757:
753:
751:
747:
742:
740:
736:
731:
729:
724:
720:
719:
714:
710:
706:
702:
698:
694:
690:
686:
685:
679:
677:
673:
669:
664:
662:
658:
654:
650:
646:
641:
639:
635:
631:
626:
624:
619:
617:
613:
609:
600:
593:
591:
588:
585:
577:
574:
570:
567:
563:
560:
555:
551:
548:
544:
540:
539:
538:
535:
532:
524:
519:
517:
515:
511:
507:
503:
499:
495:
491:
487:
483:
474:
470:
466:
459:
456:
453:
450:
449:
447:
445:
441:
434:
428:
412:
409:
404:
392:
389:
384:
368:
365:
360:
344:
341:
336:
331:
326:13.2 billion
325:
317:
313:
306:
303:
300:
299:
298:
297:
290:
286:
283:
279:
275:
274:Eddie Lampert
272:
271:
269:
263:
257:United States
256:
255:
253:
247:
243:
237:
229:
225:
220:
216:
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206:
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198:
194:
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169:
155:
151:
145:
142:
140:
137:
136:
134:
130:
124:
121:
119:
116:
115:
113:
109:
106:
103:
99:
92:
89:
86:
83:
80:
77:
76:
74:
71:
66:
60:
57:
56:
54:
50:
46:
41:
33:
19:
4220:Marmon Group
4125:Ace Hardware
3752:corporations
3699:Western Auto
3664:Sears Centre
3659:Sears Canada
3629:J.C. Higgins
3452:Aylwin Lewis
3370:S. S. Kresge
3338:
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4111:Other major
4072:ULTA Beauty
3917:ACCO Brands
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3844:Kraft Heinz
3789:Caterpillar
3749:Fortune 500
3694:Waldenbooks
3669:Sears Tower
3590:Defunct and
3493:Shopyourway
3300:SEC filings
3095:Retail Dive
2709:October 10,
2446:22 February
2314:22 February
2202:23 February
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1845:November 8,
1681:www.sec.gov
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1450:– an
1337:Sears Grand
1272:strip malls
866:by NASDAQ.
804:Puerto Rico
705:Radio Shack
661:Coles Group
649:Carlos Slim
638:Bill Ackman
547:Sears Grand
514:Transformco
460:(2005β2019)
454:(2005β2019)
420:−1.72
352:−1.43
212:Transformco
197:liquidation
93:: SHLD
4346:Categories
4290:True Value
4285:Tripp Lite
4280:TransUnion
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4042:Stericycle
3922:Allscripts
3874:State Farm
3849:McDonald's
3839:John Deere
3684:Tele-Games
3674:Silvertone
3614:Gala-Sears
3556:Lands' End
3498:Toughskins
3442:Floyd Hall
3221:2024-07-28
3100:2019-03-16
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2501:January 6,
2391:January 9,
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2180:2011-11-27
1952:2012-03-08
1677:"Document"
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1621:References
1538:appliances
1524:California
1480:Lands' End
1412:Wally Labs
981:Employees
971:Net income
767:New Jersey
723:hedge fund
693:Home Depot
657:Wesfarmers
632:, a large
376:−1.7
364:Net income
266:Key people
4245:OSI Group
4170:Essendant
4160:Eby-Brown
4155:Dot Foods
4116:companies
3962:CME Group
3908:companies
3829:Ingredion
3571:OfficeMax
3531:Craftsman
3508:Spin-offs
3488:Thom McAn
3483:Joe Boxer
3389:Retailers
2998:USA Today
2956:USA Today
2930:0099-9660
2754:USA TODAY
2588:5 January
2562:5 January
2385:Bloomberg
2222:USA Today
2072:April 13,
1930:5 January
1455:discount.
1278:Big Kmart
941:, and in
864:delisting
790:2015β2017
608:mastheads
559:synergies
208:Successor
181:June 2019
174:June 2019
70:Traded as
4145:Claire's
4082:US Foods
4032:RLI Corp
3992:GGP Inc.
3864:Navistar
3769:Allstate
3516:Allstate
3363:Founders
2649:CNNMoney
2624:CNNMoney
2241:ABC News
2023:4 August
1969:Archived
1830:NBC News
1547:See also
1221:140,000
1201:178,000
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1161:249,000
1141:274,000
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1101:312,000
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1021:352,000
1001:355,000
956:Finances
709:Pep Boys
676:spin off
494:Illinois
424:(FY2019)
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276:(former
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101:Industry
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4114:private
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3937:Calamos
3879:Tenneco
3654:Prodigy
3609:Eaton's
3541:DieHard
3478:Kenmore
3197:YouTube
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2148:May 30,
2120:May 30,
1788:nrf.com
1768:May 23,
1508:eyewear
1390:DieHard
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1192:25,146
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1052:46,007
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1032:49,867
1018:29,906
1012:53,016
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984:Stores
966:Revenue
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612:Walmart
573:revenue
520:History
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1044:3,791
1024:3,791
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616:Target
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437:(2019)
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