Kmart

Kmart Fined $32.3 Million Over Rx Drug Fraud
Risk & Compliance

Kmart Fined $32.3 Million Over Rx Drug Fraud

The case arose from a whistleblower who alleged Kmart was overcharging Medicare customers for generic drugs.
By Matthew Heller | December 28, 2017
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Sears Loses $395M in Another Grim Quarter
Turnarounds

Sears Loses $395M in Another Grim Quarter

The retailer's same-store sales dipped 5.2% and it is getting another $300 million in financing from CEO Edward Lampert's hedge fund.
By Matthew Heller | August 25, 2016
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Sears Posts Loss; CFO Resigns
Turnarounds

Sears Posts Loss; CFO Resigns

Revenue fell 8.3% to $5.39 billion, primarily driven by a 6.1% decline in comparable store sales during the first quarter.
By Katie Kuehner-Hebert | May 26, 2016
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Store Sales Data Spark Sears Stock Slide
Strategy

Store Sales Data Spark Sears Stock Slide

Sales at U.S. stores open at least a year fell 10.6% in the second quarter to date as Sears tries to execute its turnaround strategy.
By Matthew Heller | August 3, 2015
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