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Sears to raise $380m from sale of Canada stake

2014-10-02 19:47:00| Daily apparel & textile news and comment - from just-style.com

Sears Holdings plans to raise up to US$380m by selling off the majority of its stake in Sears Canada to generate additional liquidity ahead of the all-important holiday season.

Tags: canada sale raise stake

 

Sears Canada CEO Campbell resigns after one year

2014-09-25 16:40:00| Daily apparel & textile news and comment - from just-style.com

Sears Canada CEO Douglas Campbell has resigned after one year in the post, citing personal reasons.

Tags: year canada ceo campbell

 
 

US: Sears to borrow $400m following ratings downgrade

2014-09-16 14:16:00| Daily apparel & textile news and comment - from just-style.com

Sears Holdings is borrowing $400m from an investment fund headed by the department store retailer's chairman and CEO Edward Lampert, in a move that comes days after Fitch Ratings lowered its credit rating on the company.

Tags: ratings borrow sears 400m

 

Sears looks outside the (smaller) box to bring in revenue

2014-09-13 22:34:29| Grocery - Topix.net

It sells grass-fed beef, organically grown produce and made-to-order paninis. Whole Foods Market opens Sept.

Tags: to box bring smaller

 

US: Sears Holdings posts "unacceptable" Q2 loss

2014-08-22 14:01:00| Daily apparel & textile news and comment - from just-style.com

US retailer Sears Holdings has said its wider loss in the second quarter was "unacceptable" and there is more work to be done to get the results it wants.

Tags: posts loss holdings unacceptable

 

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