September 19, 2014

A $400 million loan Eddie Lampert, the CEO and largest shareholder of Sears Holdings Corp., is making to Sears this month reportedly is only enough to last the struggling retailer for three months.

September 16, 2014

Sears Holdings Corp. said in regulatory filing that it would borrow $400 million from the hedge fund of its CEO, Edward Lampert, who is also the company’s largest shareholder.

September 16, 2014

Sears Holdings Corp. said in regulatory filing that it would borrow $400 million from the hedge fund of its CEO, Edward Lampert, who is also the company’s largest shareholder.

May 8, 2014

In an address at Sears Holding Corp.’s annual shareholders meeting, chairman and CEO Edward Lampert said the company would close stores and look for ways to leverage its real estate as it continues to focus on integrated omnichannel retail and its Shop Your Way rewards program.

May 8, 2014

In an address at Sears Holding Corp.’s annual shareholders meeting, chairman and CEO Edward Lampert said the company would close stores and look for ways to leverage its real estate as it continues to focus on integrated omnichannel retail and its Shop Your Way rewards program.

February 27, 2014

Sears Holdings’ CEO Eddie Lampert strongly defended his company in his annual letter to shareholders, saying not only does he believe Sears is headed in the right direction, but that “the entire retail industry is headed to where we already are.”

November 25, 2013

Sears Holdings chairman Eddie Lampert is reportedly considering selling the company’s Sears Canada stores.

November 12, 2013

The future is knocking on the door of hedge fund manager and owner of Sears, Eddie Lampert. His decision to split off Lands’ End and Sears Auto Center from the core Sears brand would have been a good decision in 2004, one year after he purchased the deteriorating retail brand.

March 21, 2013

Eddie Lampert, chairman of Sears Holding Corp., has signed a contract to remain as CEO of the retail company at a salary of $1 per year, the Associated Press reported.

February 28, 2013

Sears Holding Corp. said its net loss for the quarter ended on Feb. 2 narrowed to $489 million from $2.4 billion a year earlier.

February 28, 2013

Sears Holding Corp. said its net loss for the quarter ended on Feb. 2 narrowed to $489 million from $2.4 billion a year earlier.

January 8, 2013

In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons.

January 8, 2013

In a surprise move, Sears Holdings Corp. announced that CEO Louis J. D'Ambrosio will step down as CEO, effective Feb. 2, for family health reasons.

January 2, 2013

Two directors of Best Buy Co. have resigned from the board of the retailer, the company disclosed in a regulatory filing Monday, the Wall Street Journal reported.

January 2, 2013

Two directors of Best Buy Co. have resigned from the board of the retailer, the company disclosed in a regulatory filing Monday, the Wall Street Journal reported.

August 13, 2012

A report released Monday by the Associated Press said that Sears Holdings Corp. would be spinning off its Hometown and Outlet stores, along with some hardware stores, into a separate, publicly traded company.

May 2, 2012

Edward Lampert, chairman of Sears Holdings, presented an ambitious plan to improve the company’s performance that includes updating store layouts and signage and investing in its rewards program, Reuters reported.

May 2, 2012

Edward Lampert, chairman of Sears Holdings, presented an ambitious plan to improve the company’s performance that includes updating store layouts and signage and investing in its rewards program, Reuters reported.

March 15, 2012

In a move to ensure that vendors continue to supply Sears its goods, Sears Holdings Corp.'s top shareholder ESL Investments, a hedge fund owned by Edward Lampert, has agreed to assume some payment obligations.

March 15, 2012

In a move to ensure that vendors continue to supply Sears its goods, Sears Holdings Corp.'s top shareholder ESL Investments, a hedge fund owned by Edward Lampert, has agreed to assume some payment obligations.

January 17, 2012

A report by Reuters revealed widespread Wall Street speculation that Sears Holdings Corp. may go private.

June 24, 2011

Sears Holdings Corp. disclosed in a Thursday filing that it plans to spin off its Orchard Supply Hardware Stores Corp. business as a separate, publicly traded company.

May 3, 2011

Sears Holdings' new CEO, Louis D'Ambrosio, committed himself on Tuesday to help turn around the faltering chain by emphasizing its core brands, including Craftsman, Kenmore and Land's End, and by smarter marketing to customers, the Associated Press reported.

February 24, 2011

Sears Holdings Corp. has named a former technology executive as its new chief executive.