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...Roebuck catalogue....
...It all started with Sears. At the end of the 19th century, Chicago-based Sears, Roebuck & Co’s catalogue was a monster, a doorstop manifesto of capitalism geared to homesteaders and smallholders....
...Twenty-five years ago, you might have thought a portfolio containing shares in General Electric and General Motors, ICI, Marks and Spencer, Barclays Bank and Sears Roebuck represented a low-risk, conservative...
...Brown Rudnick has hired Neil Foster as European head of technology and global co-chair of the firm’s technology group....
...“[For] somebody that is of my generation, Sears Roebuck was a big deal,” he told reporters on Monday, discussing the “sad” news that the retailer had filed for bankruptcy protection....
...Sears Holdings, created by a combination engineered by Mr Lampert in 2004 of Sears and Kmart, another big-box department store chain, has racked up more than $10bn in losses since the turn of the decade....
...Those two firms are busy as they happen to be on the Chapter 11 of Sears whose auction is set for this week....
...Sears Holdings said it would close 142 stores by the end of this year as part of its bankruptcy and an additional 40 stores in February 2019....
...JPMorgan Chase has named Xavier Bindel as a co-head of Emea technology investment banking, alongside Matthew Gehl....
...The dismal performance makes Sears an outlier in what has been an upbeat Christmas for US retailers....
...Indeed, at the beginning of the last century, second generation scions of the founding German-Jewish families prospered through partnering on deals, such as taking retailer Sears Roebuck public....
...“Most of the retail failures in the US comprise brands that have neglected to renew themselves and no longer meet consumer expectations — think Sears, JC Penney, Payless Shoes, Forever 21 or Abercrombie...
...Tiffany & Co, which sells higher-end jewellery, has been embroiled in the retail turmoil, despite some advantages....
...In the US, groups such as Macy’s, Sears, Nordstrom and Nieman Marcus have closed hundreds of stores....
...Ingenico (FT) China’s HNA in talks with Brookfield to sell Swissport International (FT) Broadcom-CA meal memo spurs US stock-fraud probe (BBG) BMW to raise stake in China JV to 75% in €3.6bn deal (FT) Sears...
...They have also had to fend off growing competition from off-price names like TJX Cos, which offer designer items at a discount....
...Ohlhausen will become a partner and co-chair the firm’s antitrust practice in 2019....
...Sears said on Thursday it expected to close roughly 100 additional stores by spring 2018, adding to hundreds of stores it shuttered last year....
...Is Lampert offer for Sears assets "fair"? DD readers are more than familiar with the woes of Sears....
...The solution here is that Sears Home Services would provide the installation, but Sears is an even more damaged brand than Kenmore, which may make consumers hesitant to use the service....
...Job moves Martin Suter and Kai Tschöke will become co-heads of Rothschild’s financial advisory business in Germany, Austria and Switzerland next January....
...Sears and JC Penney are cutting prices to keep their heads above water. Macy’s and other ostensible survivors have to cut prices, too....
...The top three Chinese internet conglomerates — Tencent Holdings, Alibaba Group Holding, and Baidu — all placed within the top 30....
...Richard Sears started out in 1886 as a watch seller in Minneapolis before teaming up in Chicago with Alvah Roebuck to form one of America’s first mail order catalogue businesses, a venture that placed the...
...push into online sales, coupled with a renewed focus on building up its cheap and chic offerings, have up until now helped Target avoid the kind of sales slump seen across rivals Macy’s, Nordstrom, and Sears...
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