Some retail experts said Lampert's moves over the years were intended to extract value for himself at the expense of other stakeholders.NBC News
Sears' chairman, Eddie Lampert, has won court approval to buy Sears out of bankruptcy and keep the 126-year-old retailer from liquidating. Sears' deal with Lampert will keep about 400 stores open and retain 45,000 jobs. "While there is no doubt that a shrunken Sears will be more viable than the larger entity which struggled to turn a profit, we remain extremely pessimistic about the chain's future," said Neil Saunders, the managing director of GlobalData Retail. A bankruptcy judge on Thursday...Business Insider
Sears plans to run 425 smaller stores focused on selling popular products like appliances and mattressesFortune
Sears Chairman Eddie Lampert thinks the embattled retailer could one day be a public company.CNBC
A U.S. bankruptcy judge on Thursday approved Sears Holdings Corp Chairman Edward Lampert's $5.2 billion takeover of the beleaguered retailer, allowing the department store chain to narrowly avert liquidation and preserve tens of thousands of jobs.U.S.
Sears Chairman Eddie Lampert's $5.2 billion deal to buy the retailer is expected to save 425 stores and roughly 45,000 jobs.CNBC
Eddie Lampert's $5.2 billion deal to buy Sears out of bankruptcy, is the only deal that would stave off liquidation and save 45,000 jobs. But Sears plans more store closures and layoffs in 2019.CNBC