You Searched For "Eddie Lampert" and got 20 results
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6 mins read
Sears avoids liquidation as Eddie Lampert wins bankruptcy auction
Lampert has publicly compared Sears' strategy to Apple's and Microsoft's. In a 2016 letter to share…
Hayley Peterson
3 mins read
Sears directors tap Evercore to examine former CEO Eddie Lampert's deals
Sears directors Alan Carr and Bill Transier, who joined the retailer's board earlier in October, wo…
Jessica DiNapoli and Mike Spe…
4 mins read
Eddie Lampert steered Sears into bankruptcy, but he's found ways to gain if it sinks
Lampert merged Sears and Kmart in 2005 and later sold off some of the company's key real estate and…
Hayley Peterson
2 mins read
Eddie Lampert sweetens Sears bid by $600 million ahead of an auction that will decide the company's fate
"We believe our proposal will provide substantially more value to stakeholders than any other optio…
Hayley Peterson
5 mins read
Wall Street will never have the courage to admit why Eddie Lampert failed
Eddie Lampert failed because the entire premise of how he ran Sears is inherently flawed. Before he…
Linette Lopez
2 mins read
Sears creditors seek to sue Eddie Lampert and challenge his victory in purchasing the company out of bankruptcy
"But without any such recourse, Lampert and ESL will have created the perfect blueprint for future …
Hayley Peterson
1 min read
Eddie Lampert has a back-up plan for Sears - and it could mean hundreds more store closures
Under the first proposal, Lampert would pay $4.4 billion for many of Sears' assets, including 425 s…
Hayley Peterson
2 mins read
One of Eddie Lampert's most loyal backers is leaving Sears and the stock is tanking
Berkowitz also serves as the Chief Investment Officer of Fairholme Capital Management, which is the…
Dennis Green
2 mins read
Eddie Lampert's hedge fund lambasts Sears creditors for 'highly aggressive' plan to kill off the company once and for all
"How can it be that liquidation is advocated so quickly...?" the filing by ESL reads. "It appears t…
Hayley Peterson
4 mins read
A group of Sears Holdings’ vendors is pushing for the company to liquidate, arguing they’re being pushed to the brink of insolvency as they wait to be paid back
Shoshy Ciment/Business Insider Some of Sears' vendors are pushing for it to liquidate.
Bethany Biron
5 mins read
'I've decided to step down as CEO': Eddie Lampert sends email to Sears employees after the company files for bankruptcy
To manage the day-to-day operations of the Company, the Board has created an Office of the CEO, whi…
Hayley Peterson
3 mins read
Warren Buffett predicted the fall of Eddie Lampert and Sears over 10 years ago
"Retailing is like shooting at a moving target. In the past, people didn't like to go excessive dis…
Bob Bryan
7 mins read
Sears' CEO Eddie Lampert proposes massive deal to buy the struggling retailer's Kenmore brand, real estate, and other assets
Funds affiliated with ESL Investments are the largest stockholders of, and substantial lenders to, …
Hayley Peterson
3 mins read
'There were mistakes along the way, for which I take responsibility': Eddie Lampert reportedly addresses Sears employees day after bankruptcy filing
"When Sears and Kmart merged in 2005, I envisioned a company that would be different and relevant f…
Mary Hanbury
1 min read
Investors In Eddie Lampert's Hedge Fund Are Jumping Ship
Their exits largely return Mr. Lampert's investor base to what it was before Goldman's raise: a cor…
Linette Lopez
8 mins read
Sears Shares Are Spiking After It Says It's Considering Spinning Off Lands' End
This press release contains forward-looking statements, including with respect to our transformatio…
Julia La Roche
8 mins read
Sears Shares Are Spiking After It Says It's Considering Spinning Off Lands' End
This press release contains forward-looking statements, including with respect to our transformatio…
Julia La Roche
1 min read
Five Disturbing Signs That Sears Is Getting Closer To Death
1. Spinning off properties. Parting ways with its well-known Land's End and Sears Auto businesses s…
Ashley Lutz
1 min read
Eddie Lampert Used Fake Name To Argue With Employees On Sears' Internal Social Network
Internal social networks are popular enough that Microsoft bought Yammer (which produces a popular …
Max Nisen
2 mins read
Billionaire Eddie Lampert Is Running Sears Like The Coliseum, And It's A Disaster
What went wrong? Lampert, who also manages hedge fund ESL investments, appears to have chosen funda…