Sears Holdings Corporation
Harry Debes’ first year as CEO of Lawson Software was dominated by the company’s merger with Intentia International, in early 2006. Now, 15 months after the deal’s completion, he tells just-style how the firm is leveraging its strength in the fashion sector with some exciting new ERP software developments, to help companies reduce lead times and improve delivery performance.
Sears Holdings is borrowing $400m from an investment fund headed by the department store retailer's chairman and CEO Edward Lampert, in a move that comes days after Fitch Ratings lowered its credit rating on the company.
US retailer Sears Holdings has said its wider loss in the second quarter was "unacceptable" and there is more work to be done to get the results it wants.
Retailer Sears Canada has moved to a net loss in its second-quarter due to expenses related to severance costs and impairment charges.
Struggling retailer Sears Holdings Corporation has appointed former Tesco executive, Alasdair James, as president of its Kmart business.
Private equity firm Sycamore Partners has declined to comment on reports it is considering a bid for Sears Canada.
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