Dollar Tree, contemplating the reconstituting of its business, has made additional executive moves that could impact how the company approaches its Dollar Tree and Family Dollar store operations. The company has promoted Steve Schumacher to executive vice president...
Sears Hometown is liquidating inventory under Chapter 11 bankruptcy protection after a dispute with Transformco, an entity created by financier and former Sears CEO Edward Lampert and ESL Partners, a hedge fund he operates, regarding payments for ongoing inventory...
Although it lately has been more recognized for smaller urban locations in its store expansion initiatives, Target Corp. hasn’t given up on opportunistic expansion in larger retail developments. Mall operator Macerich has announced it will host a new Target store at...
Seritage Growth Properties — developed to help spin off Sears Holdings properties as the chairman of that company, Edward Lampert, and the board looked for ways to capitalize on the retailer’s real estate assets — has begun a review of strategic alternatives to...
According to parent Transformco, the demise of the last Sears store in Illinois has been greatly exaggerated and doesn’t accurately reflect the banner’s strategic direction. The fact that Transformco has a strategic direction for Sears has been underappreciated, the...
