THE BOTTOM LINE

GENERAL Electric and Sears have fallen on hard times, and that tells us a lot about US capitalism. Both were once great enterprises, symbols of American ingenuity and imagination. The temptation will...

SEARS has survived the Great Depression and world wars. Whether the 126-year-old retailer stays afloat or goes out of business now hinges in part on paying for the enormous bill piled up by going...

[WILMINGTON, Delware] Sears has survived the Great Depression and world wars. Whether the 126-year-old retailer stays afloat or goes out of business now hinges in part on paying for the enormous bill...

[NEW YORK] Sears Holdings Corp Chairman Eddie Lampert submitted a revised roughly US$5 billion takeover bid for the company on Wednesday, people familiar with the matter said, boosting the chances...

SEARS Holdings Corp is preparing to potentially wind down the iconic retailer after chairman Eddie Lampert's bid to buy several hundred stores out of bankruptcy fell short of bankers'...

SEARS Holdings Corp got another chance at survival after chairman Eddie Lampert put together a last-minute, last-ditch bid to buy the retailer out of bankruptcy.

[NEW YORK] Sears Holdings Corp is finalizing a deal with financial firm Great American Capital Partners and other lenders for US$350 million in bankruptcy financing that would keep the retailer open...

ONCE upon a time, shoppers at the great American malls bounced from Sears to Bon-Ton to Borders Books and Circuit City, stopping along the way at all the smaller stores in between. Now the anchor...

[NEW YORK] Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over US$1 million in today's dollars, feathered with company stock. A...

A SEARS liquidation would cost its real estate spinoff 47 per cent of its annual rent income, or about US$84 million in cash flow, according to regulatory filings.