Stories tagged: kmart
UPDATED: Tue., Jan. 8, 2019
Sears gets another reprieve from liquidation after its chairman and largest shareholder revises his bid to save the retailer.
Sat., Dec. 29, 2018
A hedge fund run by Sears Chairman Eddie Lampert said it submitted a last-minute bid Friday to keep the struggling retailer from being liquidated.
UPDATED: Fri., Dec. 28, 2018
The location at 4110 E. Sprague Ave. was among 80 locations listed Friday for closure by the former retail giant, which is now navigating bankruptcy in partnership with the Sears …
UPDATED: Mon., Oct. 15, 2018
The Sears bankruptcy: Locals lament company’s decline, even if they’ve become infrequent shoppers at the one-time retail giant
Sears Holdings filed for Chapter 11 bankruptcy reorganization Monday. The retailer will close 142 of its 700-plus remaining stores and eliminate thousands of jobs in a bid to stay afloat.
Thu., Aug. 23, 2018
Sears Holdings Corp. continues to clean house, announcing plans to shutter an additional 46 unprofitable stores in November.
UPDATED: Thu., May 31, 2018
Sears, the struggling department store chain, said Thursday it would close another 72 Sears and Kmart stores as sales plummeted, continuing the decline of what was once the country’s largest …
Sat., Dec. 23, 2017
Kmart Corp. has agreed to pay $32.3 million to settle allegations its pharmacies caused federal health programs to overpay for prescription drugs by not telling the government about discounted prices.
Thu., Nov. 30, 2017
Sears said Thursday that revenue and a key sales figure plummeted in its most recent quarter as it closed stores, shut down pharmacies at some Kmart locations and lost shoppers …
Thu., Aug. 24, 2017
Sears continued to struggle in its second quarter with declining sales amid heightened competition from the likes of Walmart to Amazon. It now says it will close even more stores.
UPDATED: Thu., July 20, 2017
Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon’s voice assistant, Alexa.
UPDATED: Fri., July 7, 2017
Struggling department store chain Sears says it’s closing even more stores as it tries to turn around its business, and the Kmart in Coeur d’Alene is one of those that …
UPDATED: Wed., March 22, 2017
After years of mounting losses, the parent company of Sears and Kmart says there is “substantial doubt” about its financial viability.
Thu., March 9, 2017
HOFFMAN ESTATES, Ill. – Sears, stung by higher charges, reported a wider fourth-quarter loss, but its adjusted loss was smaller than last year and investors were elated as the department …
Thu., Feb. 18, 2016
Struggling discount department store Kmart will begin selling merchandise from bankrupt retailers, liquidations and “other opportunistic situations,” the company said Wednesday.
Tue., Feb. 9, 2016
Sears keeps pruning its business in a years-long makeover, a bid to transform itself from a 123-year-old retail store into a nimble, 21st century operator. Patience appears to be wearing …
Fri., Dec. 5, 2014
At least 29 people face federal criminal indictments for allegedly trying to cash fraudulent checks written on accounts for Providence Sacred Heart Medical Center, Providence Health & Services, Kmart, a …
Tue., Jan. 15, 2013
Spokane police arrested two men over the weekend after thieves targeted Kmart, Taco Bell and 7-Eleven. One man is accused of stealing about $25,000 worth of jewelry from the Kmart …
Thu., Dec. 29, 2011
Sears will close its stores in Lewiston and Walla Walla, and Kmart will close its Lacey, Wash., store, parent company Sears Holdings Corp. announced today.
Tue., Dec. 27, 2011
Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers.
Wed., Dec. 21, 2011
At Kmart stores across the country, “layaway angels” are bringing a bit of holiday cheer by paying off the layaway accounts of strangers. Now they’ve hit the Inland Northwest. Coeur …
Sat., Jan. 22, 2011
A three-week blackout that’s kept some Eastern Washington and North Idaho TV viewers from watching Fox Network shows has sent many of them to local stores to snap up indoor …