The once-mighty retailer continues to fade, with sales plummeting 25% last year. In the company’s most recent, dispiriting earnings call, CEO and largest shareholder Eddie Lampert suggested his hedge fund, ESL, might buy Sears’ Kenmore brand and some of its real estate.
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News about Sears Holdings
Lampert has a severely depleted retailer on his hands.
The dismal results come at a period of tumult for the retailer.
Crumbling Sears stores hurt online business too
Why try to revive Sears now after years of unsuccessful effort?
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