Friday, October 12, 2018

Sears CEO eyeing key assets in bankruptcy scenario

Retail Dive
Sears Holdings CEO Eddie Lampert is mulling a bid for some Sears assets and business units in bankruptcy, according to a Reuters report that cited unnamed sources.

Among those assets are the Kenmore appliance brand, Sears' home improvement unit and certain real estate, according to the report. Lampert previously made an offer to Sears for the Kenmore and home services businesses, and urged the divestment of some owned real estate in a recent proposal to restructure and reduce the company's debt load.. . . more