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.

Toys ‘R’ Us to Close Nearly 180 Stores Across the U.S.

| Daniela Forte

Toys ‘R’ Us announced it is closing nearly 180 stores across the U.S., accounting for one-fifth of its retail footprint, in the wake of filing for bankruptcy protection in late 2017. See what CEO and chairman Dave Brandon had to say about the future of the company.

Macy’s to Close An Additional 11 Stores in 2018

| Daniela Forte

Macy’s announced it would close an additional 11 stores this year in an effort to continue improvements in organizational efficiency and to allocate resources to support its growth strategy. Here is the reason behind the closures and what it means for Macy’s.