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Eddie Lampert proposes to buy further stake in Sears Hometown Dec 2, 2016
 

A Sears logo is seen inside a department store in Garden City, New YorkSears Holdings has been exploring alternatives — including partnerships for its Kenmore, Craftsman and Diehard brands, and its Sears Home Services unit since May — as it looks to reinvigorate its ailing business. In a filing with regulators, Sears said Lampert met with representatives of Sears Hometown on Thursday to seek their participation in the process. Sears Holdings has lost more than $8 billion over the last five years and posted a quarterly profit just once in the last four years.


 
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