real-time news and commentary for investors
Friday, Aug 23
Sears Holdings in focus
- Sears Holdings (SHLD) is burning and Eddie Lampert is fiddling with the company's website, say critics of the CEO.
- Though online sales for Sears improved 20% in Q2, at 3% of total sales the online business wasn't enough to turn the tide.
- Credit Suisse analyst Gary Balter thinks time is running out on the current Lampert plan.