date:Sep 21, 2018
pproval to sell some of its businesses to its chief executive's hedge fund. It is imperative that the Company reduce debt, adjust its debt maturity profile and eliminate the associated cash interest obligations, Chief Executive Edward Lampert said in a blog post on the company's website. Sears is working to transform its business by selling brands like tool line Craftsman and building a stronger online presence. Its market share has been hurt by discount chains including Walmart, and the surge i