Category Archives: SHLD

Questions About ESL’s Debt Reduction Proposal for Sears

On Sept. 23, in a 13D filing with the Securities and Exchange Commission, ESL Investments attached a proposal that it had made to Sears Holding (SHLD) that would reduce SHLD’s total outstanding debt by 78% through a combination of asset … Continue reading

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Sears Canada Moves Toward Liquidation

Sears Canada (SCC.TO) announced yesterday (10/10) that it would seek court approval to close all of its stores and lay off nearly all of its 13,000 employees.  The move comes after the company’s Executive Chairman Brandon Strazl failed to obtain … Continue reading

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Sears Holdings (SHLD): On a Course to Bankruptcy

It has been about 12 years since Edward S. Lampert acquired Sears and merged it with Kmart to create Sears Holdings (SHLD).  Despite numerous spin-offs, asset sales and store closings, which have provided positive returns to shareholders, Sears Holdings today … Continue reading

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Sears Holdings Seeks Return to Profitability in 2016

2015 was an eventful year for Sears Holdings (SHLD). The company took steps to prune its product lines in order to focus on its most profitable products. This led to a 9.2% drop in comparable store sales. With the drop … Continue reading

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