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Eddie Lampert

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  • Sears' shares rally on director's stock buys Thursday, 17 Apr 2014 | 4:58 PM ET

    NEW YORK— Sears Holdings Corp. shares got a lift on Thursday, after company director Thomas Tisch increased his stake in the retailer. The rise comes as Sears, controlled by Chairman and CEO Eddie Lampert, is shifting its focus from running a store network to a member-focused business— loyal shoppers receive incentives to buy.

  • Lands' End starts trading as public company Monday, 7 Apr 2014 | 6:31 AM ET

    NEW YORK— Lands' End shares are falling in its first day as a separate public company after being spun off from Sears. Lands' End was publicly traded before Sears Holdings Corp. purchased it in 2002 for nearly $2 billion.

  • Feb 26- Struggling department store operator Sears Canada Inc posted a fall in quarterly sales, citing severe winter weather and power outages in the holiday shopping season.

  • The company, operator of Sears department stores and the Kmart discount chain, has been selling or spinning off assets and closing stores for the past few years to try to turn around its business. Sales have been dropping since Lampert combined Sears and Kmart in an $11 billion deal in 2005..

  • The company, operator of Sears department stores and the Kmart discount chain, has been selling or spinning off assets and closing stores for the past few years to try to turn around its business. Sales have been dropping since Lampert combined Sears and Kmart in an $11 billion deal in 2005..

  • Dec 6- Eddie Lampert- controlled Sears Holdings Corp, struggling with mounting operating losses and declining sales, said it would spin off its Lands' End clothing business, adding to the list of assets sold off to raise cash.

  • Sears may separate Lands' End, Auto Center businesses Tuesday, 29 Oct 2013 | 7:58 AM ET

    Oct 29- Sears Holdings Corp is considering separating its Lands' End clothing and Sears Auto Center businesses into independently managed operations as part of its turnaround plan, after another quarter of declining same-store sales.

  • Sears Shares Skid After Bigger Loss Than Expected Thursday, 23 May 2013 | 5:38 PM ET

    The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.

  • Top 10 Hedge Fund Titans Haul in Big Paychecks Monday, 15 Apr 2013 | 8:44 AM ET
    David Tepper, founder of Appaloosa Management

    Several hedge fund leaders who had giant paydays last year earned their riches the old-fashioned way: by posting big returns on their investments. The New York Times reports.

  • Box Stores Must Find Way to Adapt: Analyst Wednesday, 4 Apr 2012 | 5:42 PM ET

    Best Buy's decision to close 50 of its U.S. stores and focus on its Geek Squad service company through 100 small mobile locations in fiscal 2013 is the latest example of how the "big box" is struggling against digital competition.

  • Low Rates Are Pushing Investors Into Stocks: Lambert Wednesday, 4 Apr 2012 | 12:24 PM ET

    "Risk is coming back into the markets," Eddie Lampert told CNBC. "People are willing to put their money at risk. They want a return on their money rather than just a return of their money. "

  • Lampert on Future of Brick & Mortar     Wednesday, 4 Apr 2012 | 11:21 AM ET

    Discussing the challenges facing retail, with Brian Nagel, Oppenheimer senior equity research analyst, in regards to Eddie Lampert saying, "companies, especially in retail, are finding themselves in need of reinvention."

  • Influential investors Eddie Lampert and David Bonderman share their thoughts on the U.S. economy and markets, in this excerpt from a Squawk Box appearance honoring dealmaker Richard Rainwater.

  • Greenberg: Is the New Sears CEO a Joke? Thursday, 24 Feb 2011 | 7:46 AM ET

    The knee-jerk reaction is that hiring a non-merchant after a three-year search is just another shake-your-head moment in the recent history of Sears.

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