eddie lampert

One of America's most iconic retail chains — once frequented by Martha Stewart — set to close last full-size store in US

The store, located in Bridgehampton, New York, on the South Fork of Long Island, will close its 🔴doors for good in October.

Sears poised to final♔ly exit bankruptcy

💜 The settlement is “a pittance." 

 Kmar🗹t to close Penn Station location in May 🍨

The Kmart at Penn Station will be closing for goo𝓰d on May 4 after a 24-year run. ꦅSome 160 employees will lose their jobs at the four-level megastore located at...

Eddie Lampert helps ba𓃲nkro𝔍ll Sears as woes persist after bankruptcy

Sears has borrowed about $150 million from lenders, including its billionaire owner, 💜Eddie🏅 Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people... 

ღ Sears is getting sucked dry by pricey lawyers and bankers

Surprise, surprise: Fancy lawyers are making a fortune off t🅷he Sears ban🃏kruptcy — and mom-and-pop suppliers are getting stiffed. An angry group of creditors claims that white-shoe law firms and...

AOC, Elizabeth Warren grill Mnuchin for role in🌄 Sears bankruptcy

Rep. Alexandria Ocasio-Cortez joined forces with Sen. Elizabeth Warren to ​challenge Treasury Secretary Steve Mnuchin over his role in the bankruptcy of Sears that resulted in thousands of worker🌳s being...

Sears accuses Eddie Lamp♛ert of looting the company

Sears filed an explosiveꦇ lawsuit against Eddie Lampert on Thursday, accusing the hedge-fund billionaire of looting the retailer’s prize assets even as he ran it into the ground. In a...

Judge advises Lampert's firm to pay back millions swiped from Sears

A judge has “strongly” advised Eddie Lampert's hedge fund, which bought Sears out of bankruptcy last month, to hand over millions of dollars to the old Se𒐪ars. At a Thursday...

Eddie Lampert's hedge fund took $57.5M from Sears: court docs

༒ Sears claims Edᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚdie Lampert swiped $57.5 million from its coffers — and it wants its money back. The iconic retail chain alleges that the secretive billionaire’s hedge fund ESL Investments,...

Sta🦩nley Black & Decker sues Sears over Craftsm🔥an brand 

Sears emerged from bankruptcy barely a month ago — and owner Eddie Lampert is already making it new enemies. Stanley Black & ꦐDecker sued Sears this week for lau⭕nching a...

Eddie Lamperꦗt steps down as chairman of Sears

Call it musical board chairs. Eddie Lampert resigned as chairman of Sears Holdings and took the helm o🙈f the board at Transform Holdco, the holding company that scooped Sears out...

⛎  Eddie Lampert hints Sears couldꦯ eventually go public again

Sears Holdings Corp. will sell or sublease some of the 425 store⛄s of the retail chain and open ꦦsmaller stores with more focus on tools and appliances than on apparel,...

 Sears may struggle to find CEO with Eddie Lampert in charge ♔

WANTED: A CEಞO to head up an antiquated department store chain owned by a micro-managing he🎶dge fund boss who nearly ran the company into the ground. Less than a week... 

Judge gives Eddie Lampert second shot ꦰat Sears

Sears wa😼s saved by a judge’s gavel. Bankruptcy Judge Robert Drain on Thursday handed hedge fund mogul Eddie Lampert the keys to the troubled retailer again, granting him a second...

Kmart st🅘iffed St. Jude Children’s Research Hospital on donatioဣns: court docs

It’s not just lawyers, landlords and financial types who are after billionaire Eddie Lampert in the Sears bankruptcy case. Now, St. Jude Childrﷺen’s Research Hospital wants to know where its...

Warren sends scathing letter to Lamp⭕ert over Sears plan 

Elizabeth Warren wants a Valentine’s Day present from billionaire businessman Eddie Lampert. The Massachusetts senator a𒁏nd presidential candidate sent 🍒a scathing letter to the hedge fund mogul on Thursday demanding...

Sears creditors call Eddie Lampert plan 'fantasy'

Sears’ creditors registered their most forceful objection yet to Eddie Lampert’s $5.2 ✤billion bid to buy the bankruꦓpt retailer, describing it as a “fantasy” in a 360-page court filing on...

Paralegal for Sears bankruptcy case billed $174K in one mont🉐h

No one tops legal adviser Keri Gra𝕴nt for hours logged in Eddie Lampert’s Sears bankruptcy case. T🔯he Weil Gotshal & Manges paralegal billed some $174,000 for November assessing the troubled...

Creditors challenge Lampert's winning bid for Sears

A group of Sears creditors are challenging Chairman Eddie Lampert’s hedge fund’s winning $♎5.2 billion bid to buy the business in a bankruptcy auction and wants to air their grievances...

🌟 Sears confirms Lampert victory in bankruptcy auction 

Sears Holdings chairman Eddie Lampert won a bankruptcy auction to buy the iconic retailer after presenting an improved offer of $5.2 billion, Sears confirmed Thursday, allowing ♋it to keep its...