Friday, May 12, 2017

Sears CEO Eddie Lampert blasts critics for 'harmful' treatment

Image result for searsSears CEO Eddie Lampert passionately defended his strategy for rehabilitating the troubled department-store chain on Thursday, as the retailer fends off mounting speculation that it is headed toward bankruptcy.

The typically press-shy Lampert said in a blog post that the company is “fighting like hell” to turn the corner, repeating a phrase that he delivered a day earlier in a rare interview with the Chicago Tribune. He also reportedly made similar comments at the company's annual meeting on Wednesday.. . . more

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