Sears gets a boost from Vornado
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Vornado Realty Trust gave Sears, Roebuck &amp; Co.&#39;s stock a big boost Friday when it said it bought a 4.3 percent stake in the famous but struggling chain.
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The debut of Sears Holding Corp. drew mixed reviews Wednesday as Wall Street cheered while retail experts scratched their heads. Kmart Holding Corp.
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Home Depot goes to the Web to deliver a solid counterpunch to Sears.
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Some people may be wondering just how well Kmart and Sears will compete against Wal-Mart as parts of the same company.
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The retailer increases sales and comps, but its stock price slips.
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Sears, Roebuck and Co.'s stock shot up Friday on news that a New York-based real estate investment trust had purchased a 4.3 percent interest in the huge department store chain.
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The high-end retailer continues to perform better than its lower-end peers.
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CHICAGO (CBS.MW) - Shares of Sears Roebuck &amp; Co. rallied as much as 35 percent Friday and provided a boost to the sector&#39;s main measure.
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By ANNE D'INNOCENZIO    NEW YORK  -- Sears, Roebuck and Co., which has successfully sold its tools and appliances on the Web, is counting on having the same magic with bedspreads and sweaters, thanks in part to expertise gained by its purchase of Lands' End Inc.    The company's venture into online sales of home furnishings and apparel, which officially launches Monday, may be considered late...
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Sears Holdings Corp.  reported higher fourth-quarter profit on Thursday, helped by property sales and higher operating income at its Sears and Kmart divisions.
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Alan J. Lacy will not be the top man at Sears, Roebuck &amp; Company any longer if the announced merger with Kmart is completed. But he will receive a raise and could take out more than $20 million by cashing out his existing options on Sears stock.
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Things look bright for the retailer this year.
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Vornado raised its bid to $56 a share in cash and stock, or $41 billion, topping a bid of $54 a share from the private equity giant Blackstone Group.
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The retailer reports strong earnings and lifts its outlook.
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The retailer posts impressive comps growth and has updated its guidance.
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Sears, Roebuck and Co. was once on top of the world, reveling in the popularity of its &quot;big book&quot; catalog from company headquarters in the world&#39;s tallest building.
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Sears and Kmart have attracted more attention lately for their real estate than their retailing prowess. The companies, which agreed to merge in an $11-billion deal last week, have garnered investors&#39; interest