Sears' Lampert boosts stake in Sears Hometown

Sears CEO Eddie Lampert now has a majority stake in Sears Hometown and Outlet Stores, acquiring roughly 11.5 million shares, or 50.7 percent of the company. Sears spun off the Hometown and Outlet stores in 2012, but Lampert's interest could signal that a closer relationship is on the horizon. Story

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.