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Edward Lampert

Latest Edward Lampert News

  1. Sears Holdings Returns to a Profit in 1st Quarter

    Thu, 17 May 2012

    financial strength, increased liquidity and prospects to boost operational results. During the meeting, Chairman Edward Lampert said that real estate sales were important to restore profitability and to get shareholders' confidence back. Sears

  2. Sears, Kmart to close up to 120 stores

    Tue, 27 Dec 2011

    iconic Sears and Kmart brands have been under the Sears Holdings umbrella since a 2005 merger. Sears Holdings Chairman Edward Lampert , a well-known financier who orchestrated that union, has taken much public heat about the combined companies' financial

  3. Sears posts surprise loss on store closings, costs

    Thu, 20 Aug 2009

    half of the year as stores closed in the quarter wind down their operations. Revenue at the company led by financier Edward Lampert fell 10% to $10.55 billion on the stronger dollar and same-store sale declines. Analysts polled by Thomson

  4. ServiceLive.com lets shoppers name price for repairs

    Fri, 13 Feb 2009

    Kmart stores. At an annual meeting last year, chairman Edward Lampert , who acquired Kmart in 2003 and Sears, Roebuck. in operate as a Sears Holdings subsidiary, seems to fit Lampert 's strategy. But it may not be the home-run cash

  5. Want a Job? Ask a Billionaire

    Fri, 24 Oct 2008

    ve got. That bodes well for American billionaire Edward Lampert and possibly for some unemployed auto workers; the stock of auto parts chain AutoZone, in which Lampert has a large stake, is up 45% in the last 12 months

  6. Is Markel the next Berkshire Hathaway? Not yet

    Tue, 20 May 2008

    business magazine once pointed to Edward Lampert , head of Sears Holdings shld Warren Buffett. The idea was that Lampert could use the cash from Sears and an investing empire. At first, Lampert slashed costs and things looked

News

  1. Black-and-blue-light special: Kmart, Sears hit hard

    Tue, 29 Jan 2008

    as interim CEO. Chairman Edward Lampert , who runs the hedge fund ESL Investments , acquired Kmart in 2003 organizational structure. Lampert blamed the economy and increased As sales have sunk, Lampert has been criticized for

  2. Report: Sears to reorganize into units

    Sun, 20 Jan 2008

    Diehard and Craftsman, the Wall Street Journal reported. Edward Lampert , the hedge fund kingpin and Sears Holdings chairman comment further. Analysts say the changes contemplated by Lampert — who acquired Kmart in 2003 and Sears, Roebuck and Co

  3. 'Smart money' doesn't look so smart these days

    Fri, 30 Nov 2007

    centerpiece of hedge fund manager Edward Lampert 's empire, cratered $12 now struggling include: • ESL Investments . Lampert 's investment company, which in value, Gilmartin says. Lampert , through a spokesman, declined

  4. Hedge, private-equity managers bruised

    Fri, 30 Nov 2007

    centerpiece of hedge fund manager Edward Lampert 's empire, cratered $12 now struggling include: • ESL Investments . Lampert 's investment company, which in value, Gilmartin says. Lampert , through a spokesman, declined

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