Saturday, 8 June 2019

Bringing the band back together: Eddie Lampert to buy Sears Hometown and Outlet Stores

Seven years after Sears spun off its outlet stores into a separate company, controversial former CEO Eddie Lampert wants to bring them back under his wing. The parent company of the retail giant, in which Lampert has a majority share, announced this week that it would pay $2.25 per share to acquire Sears Hometown, according to the Associated Press. The acquisition would allow Sears Hometown to sell its Sears Outlet and Buddy’s Home Furnishing Stores […]



source https://therealdeal.com/national/2019/06/08/bringing-the-band-back-together-eddie-lampert-to-buy-sears-hometown-and-outlet-stores/#new_tab

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