Content about Edward S. Lampert

November 21, 2013

Despite continued talk about turnaround efforts, Sears Holdings widened its loss in the third quarter after sales fell at both Sears and Kmart. 

The company reported a net loss for the quarter ended Nov. 2 of $534 million, or $5.03 a share, from $498 million, or $4.70 a share, a year earlier.

January 8, 2013

Hoffman Estates, Ill.-based Sears Holdings Corp. announced Monday that Louis J. D'Ambrosio will step down as CEO for family health matters at the end of the company's fiscal year on Feb. 2. Edward S. Lampert will then assume the role of CEO of Sears Holdings, in addition to his role as chairman of the board of directors.