Edward S. Lampert

Sears Holdings Corporation has announced a series of actions to position the company to establish a sustainable capital structure, continue streamlining its operating model and grow profitably for the long term. To facilitate these actions, the company and certain...

As part of ongoing efforts to streamline the company's operations and focus on our Best Stores, Sears has identified approximately 100 non-profitable stores, 72 of which will begin store closing sales in the near future. "We continue to evaluate our...