Lampert Looks to Buy Sears Hometown, Outlet Stores
Hedge fund owner and former Sears chairman Edward Lampert has struck a $21 million deal to bring the Sears Hometown stores under the same company as Sears and Kmart.
Hedge fund owner and former Sears chairman Edward Lampert has struck a $21 million deal to bring the Sears Hometown stores under the same company as Sears and Kmart.
Sears Holdings told employees it plans to close more than 100 stores this year, including 64 Kmart locations and 39 Sears stores, most likely between March and April. Liquidation sales in affected stores will begin this month. See what Sears told employees about the closures.