Sears Accuses ex-CEO of Looting $2B in Assets
The bankrupt retailer alleges Eddie Lampert and other investors siphoned off assets for their own gain through fraudulent spinoffs and other deals.
Lands’ End Swings to Profit, Shares Climb 12%
The retailer's same-store sales fell 1.3% but it says the momentum from Q3 carried through to the Thanksgiving holiday period.
Lands’ End Delivers First Sales Gain in 3 Years
The retailer "appears to be returning to its traditionalist roots" under its new CEO, abandoning a move into pricier clothing aimed at younger customers.
Lands’ End Loss Widens But Comp Sales Rise
The retailer sees the 2.1% gain in same-store sales as a sign "we are making the right decisions as we work to drive the business forward.”
Lands’ End’s Loss More Than Doubles to $94M
The retailer's new CEO is planning to "put more resources toward running a great e-commerce business as opposed to running a great catalog business."
Lands’ End Swings to $5.76 Million Loss in Q1
The retailer's aggressive discounting helped reduce profit margins and couldn't prevent an 8.7% decline in sales.
Lands’ End Posts Fiscal Q4 Loss
A $98 million write-down of the value of the Land's End name and a 6% drop in net sales were the lowlights.