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A spokesperson for Sears Holdings (SHLD) says the decision to have Eddie Lampert take over as...

  • Tuesday, January 8, 7:11 AM ET
    A spokesperson for Sears Holdings (SHLD) says the decision to have Eddie Lampert take over as the company's CEO for the outgoing Louis D'Ambrosio was at the direct request of the board of directors. After D'Ambrosio pushed the retailer into new online channels and bet on technology, analysts now wonder if Lampert will move in a different direction to increase the pace of asset sales.
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This news story has 4 comments:

  •  
    Having had the board of directors request it doesn't make it a good idea.
    8 Jan, 07:34 AM Reply Like
  •  
    Lampert is planning the merger of ESL and Sears Holdings.
    8 Jan, 03:32 PM Reply Like
  •  
    We know more bad news is coming in Feb. and Eddie is desparate so he wants to take personal charge - HM
    8 Jan, 03:17 PM Reply Like
  •  
    I guess the Unemployment office better get ready for a surge of low-income to middle-class Sears/Kmart workers applying for benefits soon. I hope they are polishing up their resumes.
    8 Jan, 04:43 PM Reply Like
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