Sears Seeks Holding Agencies to Structure the Company
Hoffman Estates, IL—In its latest ploy to survive a financial spiral downward, Sears Holdings evidently has reached out to “all of the major agency holding companies, asking them to present ideas on...
View ArticleHudson’s Bay Launches Two Real Estate Joint Ventures
Toronto and New York—In another display of Chairman/CEO Richard Baker’s acumen, Hudson’s Bay Company announced today it would be launching separate joint venture partnerships with two major North...
View ArticleAmid Narrowed Q4 Loss, Sears Holdings Plans to Sell Off Stores
Hoffman Estates, IL—Despite a smaller fourth quarter loss than last year, Sears Holdings plans to continue on Chairman Edward Lampert plans to dismantle the company as it posts its fourth straight year...
View ArticleMacy’s Inc. Stock Jumps on News of Possible Real Estate Deals
New York—With the news that it will be closing stores, cutting jobs and lowering its forecast, Macy’s Inc.’s stock had been taking a beating. Today, it rose as much as 5.6% in early trading upon the...
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