Sears is offloading Innovel Solutions, its internal logistics company, to Costco for $1 billion, the company announced today. Innovel Solutions focuses on final-mile delivery, and the transaction ...

More than a century after it began as a mail-order powerhouse, Sears is down to just five full-line department stores in the United States. The company once operated more than 3,400 Sears and Kmart ...

HOFFMAN ESTATES, Ill. -- Sears, once the monolith of American retail, says that there is "substantial doubt" that it will be able to keep its doors open. Shares of the Hoffman Estates-based company, ...

Sears' lenders, employees and chairman agree on one thing: The company needs a new CEO if it survives bankruptcy. Eddie Lampert, the company's chairman, is seeking bankruptcy court approval to again ...

Sears is finally approaching the end of a retail story that once defined American shopping. After decades of shrinking footprints, restructurings, and last-ditch reinventions, the chain that helped ...

Sears and Kmart stores appear to have won a reprieve from liquidation from the company’s chairman late Friday. Eddie Lampert, chairman of Sears Holdings, submitted a bid Friday afternoon as part of an ...

Standing inside his Sears Hometown store in Eunice, owner Phil Young feels fortunate. While the national Sears brand is struggling and closing stores across the country, his store continues to carry ...

A former partner at Deloitte & Touche and his son have agreed to pay more than $1.1 million to settle civil charges that they engaged in illegal insider trading in the securities of several of the ...