More cash burn expected after further Sears losses
February 27, 2014
In commenting on a $358 million fourth-quarter loss, Sears CEO Edward Lampert writes, “The entire retail industry is headed to where we already are.”
Recent News
JD Sports Bids for Hibbett in $1.08 Billion Deal
JD Sports Fashion plans to buy Hibbett Inc. for around $1.08 billion. The move aims to help the UK’s largest sportswear retailer grow in the southeastern United States.
Disney Technology Executive Leaves Company for Personal Reasons
Aaron LaBerge will stay on at Disney until June 2024.
Amazon Ends Drone Delivery in California, Here’s Where It’s Going Next
This new location will allow for quicker, same-day delivery.
2024 Toyota Tacoma Hybrid: A Closer Look
Toyota has unveiled the 2024 Tacoma Hybrid, and it’s making waves in the midsize pickup segment.