Edward Lampert and HPS CEO Scott Kapnick
Chicago
May 2, 2019

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

The deal follows Edward Lampert's $5.2B takeover of the company in February
Sears sues Eddie Lampert, alleging ex-CEO looted failing retailer of billions
Chicago
Apr 18, 2019

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

As company slid into “death spiral,” Lampert and other shareholders profited from the sale of its real estate assets, suit alleges
Sears, sort of: Here’s what the retailer is planning post-bankruptcy
New York
Feb 13, 2019

Sears, sort of: Here’s what the retailer is planning post-bankruptcy

Chairman Edward Lampert plans to sell or sublease some of the 425 stores, and shrink the footprint of those that remain
National Cheat Sheet: Sears avoids liquidation, warehouse vacancies hit 18-year low, Blackstone plans massive real estate fund … & more
New York
Jan 18, 2019

National Cheat Sheet: Sears avoids liquidation, warehouse vacancies hit 18-year low, Blackstone plans massive real estate fund … & more

Hundreds of Sears stores could remain open after Lampert wins auction for firm: report
Chicago
Jan 16, 2019

Hundreds of Sears stores could remain open after Lampert wins auction for firm: report

The company chairman’s $5B bid for the retailer was said to include plans to keep 425 stores
National Cheat Sheet: WeWork eyes IPO after SoftBank retreat, Sears avoids liquidation, Trump’s troubles… & more
New York
Jan 11, 2019

National Cheat Sheet: WeWork eyes IPO after SoftBank retreat, Sears avoids liquidation, Trump’s troubles… & more

Sears liquidation — of company and all its stores — averted for now, after Lampert’s 11th-hour rescue bid
Chicago
Jan 8, 2019

Sears liquidation — of company and all its stores — averted for now, after Lampert’s 11th-hour rescue bid

The company's board had been prepared to ask a bankruptcy judge to sell off all its assets
Sears to close 80 more stores, full liquidation possible as deadline looms
Chicago
Dec 28, 2018

Sears to close 80 more stores, full liquidation possible as deadline looms

News comes on last day to bid on retailer in bankruptcy
Sears hires JLL to shop hundreds of stores, while weighing takeover bid
Chicago
Dec 11, 2018

Sears hires JLL to shop hundreds of stores, while weighing takeover bid

Efforts to sell 500 Sears and Kmart locations have drawn interest; Lampert's $4.6B offer still on table
Chicago Cheat Sheet: JSM Venture buys former Zion Kmart … & more
Chicago
Nov 13, 2018

Chicago Cheat Sheet: JSM Venture buys former Zion Kmart … & more

Also, the Farpoint Development-led restoration of the Uptown Theatre is set to start next year
Chicago Cheat Sheet: Zell says Amazon HQ2 should skip Chicago … & more
Chicago
Oct 29, 2018

Chicago Cheat Sheet: Zell says Amazon HQ2 should skip Chicago … & more

Also, Union Station redevelopment poised for final city approval
Simon Property Group CEO: “We’re putting Sears in our rear view mirror”
Chicago
Oct 25, 2018

Simon Property Group CEO: “We’re putting Sears in our rear view mirror”

David Simon said Sears closings in his firm’s malls provide an opportunity for redevelopment
Chicago Cheat Sheet: Google opens first retail location in city … & more
Chicago
Oct 22, 2018

Chicago Cheat Sheet: Google opens first retail location in city … & more

Also, notorious landlord Lou Wolf has died at 94