Author: Andy Polk

Sears has accepted Eddie Lampert’s bid to acquire the company to stave off a liquidation although the bid now requires Sears chairman to deposit $120 million by 4 p.m. Wednesday through his ESL Investments hedge fund, according to a hearing Tuesday at the bankruptcy court...

J. C. Penney Company Inc. announced that its comparable store sales for the combined nine-week period ending January 5, 2019, decreased 3.5 percent on a shifted basis. On an unshifted basis, comparable sales decreased 5.4 percent....

The Buckle Inc. on Thursday announced that comparable store net sales, for stores open at least one year, for the 5-week period ended January 5, 2019, decreased 0.2 percent from comparable store net sales for the 5-week period ended January 6, 2018....