Sears Holdings Corp., the biggest U.S. department-store company, agreed to buy William Ackman’s hedge fund’s stake in Sears Canada Inc., in a move that would allow it to take the company private.
CJ Chu is a retailer’s nightmare.
Sears Holdings Corp., the retailer controlled by billionaire hedge-fund manager Edward Lampert, posted a wider first-quarter loss amid a sales decline that’s stretched into its seventh year.
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Rochelle on Vegas Monorail, MF Global Bankruptcies:
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