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Seritage CEO Benjamin Schall (Scott Olson/Getty Images)

Seritage terminates leases on most of its Sears, Kmart locations

The real estate company that Sears spun off five years ago to shore up cash is cutting ties with...

Seritage terminates leases on most of its Sears, Kmart locations
Eddie Lampert and the two closing Sears locations at 5000 Spring Hill Mall (top) and 2200 W War Memorial Drive (Credit: Getty Images, Google Maps)

Where have all the Sears stores gone? Illinois is now down to a handful

Just in time for the holiday season, Sears announced another round of store closures. Two more locations will shutter...

Where have all the Sears stores gone? Illinois is now down to a handful
Seritage CEO Benjamin Schall and a shuttered Sears location (Credit: iStock)

Amid Sears bankruptcy, Seritage posts $26M net loss in Q2

As Sears works its way through bankruptcy proceedings, Seritage Growth Properties posted a nearly $26 million net loss in...

Amid Sears bankruptcy, Seritage posts $26M net loss in Q2
There is apartment rent growth in Chicago (Credit: iStock)

Chicago Cheat Sheet: Apartment rent growth, construction slows…& more

Rent growth and apartment construction tapering off: report The Chicago-area apartment market is expected to see rent growth of...

Chicago Cheat Sheet: Apartment rent growth, construction slows…& more
Sears CEO Edward Lampert (Credit: Getty Images and iStock)

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...

Bringing the band back together: Eddie Lampert to buy Sears Hometown and Outlet Stores
Sadness Love in Ending of Relationship Concept, Broken Heart Woman Standing with a Red Rose on Hand, Blurred Man in Back Side Walking away as background

Lands’ End is breaking up with Sears for Amazon

Lands’ End is reducing its physical presence and reinforcing its efforts to sell clothing in the virtual world. The...

Lands’ End is breaking up with Sears for Amazon
Edward Lampert and HPS CEO Scott Kapnick

New York private equity group leads $800M refi for Sears

A New York-based private equity group is betting big on Sears, after Edward Lampert’s multibillion-dollar takeover of the ailing...

New York private equity group leads $800M refi for Sears
Chicago Cheat Sheet: Highland Park records priciest resi sale in 4 years…& more

Chicago Cheat Sheet: Highland Park records priciest resi sale in 4 years…& more

Pricey lakefront home in Highland Park sells quickly A four-bedroom home on Lake Michigan in Highland Park sold for...

Chicago Cheat Sheet: Highland Park records priciest resi sale in 4 years…& more
Sears sues Eddie Lampert, alleging ex-CEO looted failing retailer of billions

Sears sues Eddie Lampert, alleging ex-CEO looted failing retailer of billions

UPDATE, April 18, 3:30 p.m.: Sears is suing former CEO and current Chairman Edward Lampert, claiming he and other...

Sears sues Eddie Lampert, alleging ex-CEO looted failing retailer of billions
A shuttered Sears store; the retailer is launching a new concept (Credit: Getty)

Retail rebirth? After hundreds of store closings, Sears is opening new stores

Afters years of financial struggles and hundreds of store closings, Sears is making a comeback attempt by opening three...

Retail rebirth? After hundreds of store closings, Sears is opening new stores
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