Retail News

Sears chairman makes two offers for retailer

CNBC 01/02/2019

Eddie Lampert, chairman of Sears Holdings, has offered $4.4 billion to acquire 425 stores and keep the retailer operating. If that doesn’t work out, Mr. Lampert has also offered to acquire 250 stores as part of a strategy to partially liquidate the company if advisors to Sears are not satisfied with the first bid.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!