AOC, Warren Go After Treasury Secretary Mnuchin Over Sears Bankruptcy
Mnuchin roomed with Lampert at Yale and was a member of the Sears board of directors until December of 2016.
Mnuchin roomed with Lampert at Yale and was a member of the Sears board of directors until December of 2016.
Lampert was the only one to put forth a proposal through an affiliate of ESL to rescue the floundering company ...
by Thomas Lancaster | Jan 18, 2019 | Investing
Under Lampert, Sears laid off thousands of workers, sold off properties and became a shell of its former self.
Eddie Lampert, a 56-year-old billionaire, is the only one to put out a bid for the whole company.
“I didn’t think I would be treated like this, considering Kmart was my family and I was loyal to them.”
The four best theories on why Lampert would want to reacquire the failing retail giant.
Sears was the first to become America's everything-under-one-roof store and the biggest retailer in the world.
The company has struggled with outdated stores and complaints about customer service.
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