Sears Lives to See Another Day

| Daniela Forte

A U.S. Bankruptcy Court judge approved the sale of Sears to former chairman and CEO Eddie Lampert late last week, according to Bloomberg, accepting his $5.2 billion bid for the assets and keeping the company alive.

Lampert Succeeds in Sears Chapter 11 Bankruptcy Auction

| Daniela Forte

Sears Chairman Eddie Lampert succeeded with his bid in the bankruptcy auction, USA Today reported. If the judge signs off, this deal could prevent Sears from liquidating the rest of its stores. Here’s the latest in his last-ditch effort to save the struggling, iconic retailer.

Jeff Bezos: “Amazon is Not Too Big to Fail”

| Daniela Forte

Amazon CEO Jeff Bezos made a rather bold acknowledgement this week, predicting the future demise of his 24-year old juggernaut valued at nearly $1 trillion, when asked in a company meeting about the downfall of Sears. See what else the head of the most disruptive company of our day had to say about business cycles.

The ABCs of Digital Transformation for Retailers like J. Crew

| Ed Kennedy

Whether it’s halting all operations like Toys R Us or perpetually closing stores like Sears, many retailers are scrambling, more often than not, to pay back millions of dollars in debt and strategize to see another day. Here are the ABCs of a digital transformation that retailers should know about.

Sears to Close 46 More Stores

| Daniela Forte

Sears Holdings Inc. announced it plans to close 46 more stores as part of ongoing efforts to streamline its operations, strengthen its capital position and focus on its best performing stores. Stores are expected to close by November.

Sears CEO Offers $400 Million for Kenmore

| Daniela Forte

Sears Holdings CEO Edward Lampert entered a bid of $400 million to acquire the Kenmore brand, in a letter to the Sears board, offering to pick up the Sears Home Services division for $70 million to $80 million. See why this move is critical and what it means for Sears’ future.