HOFFMAN ESTATES, Illinois May 6 (Reuters) - The $2.5 billion cash that Sears Holdings Corp 's proposed real estate trust is expected to generate should muffle the retailer's "skeptics and cynics" for a while, Chief Executive Eddie Lampert said on Wednesday.
April 30 (Reuters) - Sears Holdings Corp and mall operator Macerich Co will form a joint venture, which will buy nine Sears properties in Macerich's malls for $150 million, in the retailer's third such deal this month.
April 22 (Reuters) - Sears Holdings Corp said it hired the former chief operating officer of Rouse Properties Inc to head a real estate investment trust being formed by the struggling retailer to buy some of its stores and generate $2.5 billion in cash.
NEW YORK, April 13 (Reuters) - With Sears Holdings Corp 's second joint venture announcement this month on Monday, one question left to be answered is how much of the struggling mall anchor's...
Moody’s Philipp mentions J.C. Penney ( JCP ) and Sears Holdings ( SHLD ), which have both been struggling for some time, as examples ..... back and forth,” he explains. Unfortunately, many Sears appliance customers decamped to Best Buy (often not
BbTBruce Continues to ignore the crowd!op FAIRfXHoldings (7) % FAIRX AIG 49.1% Bank of America 22.3% Sears Holdings 7.1% St. Joe 6.5% Fannie Mae 4.5% Leucadia National 3.6% Freddie Mac 3.5% Cash and Equivalents: 1.3 %
through the end of the year and 2015 also looks good. Sears Holdings [ SHLD ] has jumped around on the sale-and-leaseback of ..... formation of a REIT. But Lampert [owns 48.5% of SHLD through ESL Investments] is long on talk and short on
by the yearend as institutions and fund managers try to catch up – only 20% are beating their benchmarks YTD. Sears Holding [ SHLD ] doubled since Oct 10 on the news that it may form a REIT with 200-300 of its stores, but its core business
the investment universe. Look at what the Internet and digital advancements has done to old-line standbys like Sears Holdings ( SHLD ), Eastman Kodak ( EKDKQ ) and RadioShack ( RSH ). A 2012 article by Richard Foster, “Creative Destruction
other end of the spectrum, look at another retailer, Sears Holdings ( SHLD ). The once-mighty department store company has seen ..... Edward Lambert, the hedge fund operator, took over Sears 11 years ago, but never articulated a vision for the