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For Once-Mighty Sears, Pictures of Decay
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Sears adjusted earnings before Ebitda are a negative $250-300 million for the period July 26-Oct 26, 2013. Management is reducing investment in the retail stores. As a result there is a deterioration in the conditions at stores making it less attractive for shoppers to go to Sears. There is severe price competition from Amazon and online stores for established retail companies such as Target and Best Buy making it even more difficult for Sears to compete. Analysts say Mr Lampert, CEO of Sears, is an asset manager and Sears liquidation is likely to continue with sale of pieces of the company as it is worth more this way. Lands End, Sears Canada, and the Sear Auto stores brand are expected to be sold to raise cash in this ongoing liquidation process.
Sears management
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For Once-Mighty Sears, Pictures of Decay
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Sears stores in the U.S.
01/15/2010
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For Once-Mighty Sears, Pictures of Decay
New York Times 10/29/2013
Wall Street Journal 10/30/2013
At Sears, Those Big Losses Get in the Way
New York Times 11/02/2013
As Sears Gasps, Lampert Turns to Financial Engineering
New York Times 11/11/2014
Holiday Sales Woes Cast Cloud Over Sears
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Investors: The Only Thing to We Have to Fear Is Sears Itself
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The gradual liquidation of a U.S. retail store brand
10/29/2013
Grouped Articles
For Once-Mighty Sears, Pictures of Decay
New York Times 10/29/2013
Wall Street Journal 10/30/2013
Sears performance
08/23/2013
Grouped Articles
Sears Crucial Appliance Sales Erode
Wall Street Journal 08/23/2013
For Once-Mighty Sears, Pictures of Decay
New York Times 10/29/2013
Wall Street Journal 10/30/2013
At Sears, Those Big Losses Get in the Way
New York Times 11/02/2013
As Sears Gasps, Lampert Turns to Financial Engineering
New York Times 11/11/2014
The gradual unwinding of Sears
01/15/2010
After consecutive years of losses, Ed Lampert, who assumed control of Sears in 2006, plans to sell many of the Sears stores to raise capital.
Grouped Articles
For Once-Mighty Sears, Pictures of Decay
New York Times 10/29/2013
Wall Street Journal 10/30/2013
At Sears, Those Big Losses Get in the Way
New York Times 11/02/2013
As Sears Gasps, Lampert Turns to Financial Engineering
New York Times 11/11/2014
In Retreat, Sears Set to Unload Stores
Wall Street Journal 02/24/2012
Sears Cashes In on a Yard Sale
Wall Street Journal 02/24/2012
The gradual liquidation of a retail stores brand
08/23/2013
Linked Articles
For Once-Mighty Sears, Pictures of Decay
New York Times 10/29/2013
Sears Crucial Appliance Sales Erode
Wall Street Journal 08/23/2013
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