After parting ways in 2012, Sears and the small-town Sears Hometown chain will be under one corporate roof again by the end of 2019.
NEWTOWN SQUARE, PA / ACCESSWIRE / June 3, 2019 / Kaskela Law LLC announces that is investigating Sears Hometown and Outlet Stores, Inc. ("Sears Hometown" or the "Company") (NASDAQ: ...
HOFFMAN ESTATES, Ill., June 21, 2019 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO," "our," "we," "us," or the "Company") (SHOS) today reported results for the quarter ended May 4, 2019. Will Powell, Chief Executive Officer and President, said, "For the first quarter, our adjusted EBITDA increased by $1.3 million from the same quarter last year. We achieved these adjusted EBITDA results despite the significant time and other resources that we devoted during the quarter to a potential transaction with Transform Holdco LLC as well as advisory fees of $0.6 million related to the Sears Holdings Corporation bankruptcy proceedings and our announced merger transaction with Transform. These fees were reflected in our adjusted EBITDA for the quarter.
NEW YORK, June 06, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
Lands' End tops the list of trades Continue reading...
VIRGINIA BEACH, Virginia, Oct. 23, 2019 -- Franchise Group, Inc. (OTC PINK: FRGA) ( “Franchise Group” or the “Company”) today announced the completion of its previously.
VIRGINIA BEACH, Va. and HOFFMAN ESTATES, Ill., Aug. 27, 2019 /PRNewswire/ -- Liberty Tax, Inc. ("Liberty Tax") (OTC Pink: TAXA), the parent company of Liberty Tax Service and Buddy's Home Furnishings, and Sears Hometown and Outlet Stores, Inc. ("Sears Hometown") (SHOS) today announced that they have entered into a definitive purchase agreement (the "Purchase Agreement") whereby Liberty Tax will acquire Sears Hometown's Outlet business as well as its Buddy's Home Furnishings Stores (collectively, the "Sears Outlet business") in an all cash transaction valued at up to approximately $132.9 million.
NEW YORK, June 13, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
Concerns over rising interest rates and expected further rate increases have hit several stocks hard during the fourth quarter of 2018. Trends reversed 180 degrees in 2019 amid Powell's pivot and optimistic expectations towards a trade deal with China. Hedge funds and institutional investors tracked by Insider Monkey usually invest a disproportionate amount of their […]
NEW YORK, NY / ACCESSWIRE / June 24, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
NEW YORK, June 05, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Sears Hometown and Outlet Stores,.
The new financing will help stock Sears' store shelves for the holiday shopping season, as it struggles to become profitable. Lampert is no stranger to bankrolling Sears, having extended loans through his hedge fund ESL Investments Inc to the department store chain over the past decade until its financial collapse last year. The new financing is backed by assets that include Sears' real estate and intellectual property, the sources said.
Developer Morgan Cos. of Charlotte plans to have a new, free-standing Publix supermarket open on the current Sears site by June 2021.
Liberty Expedia Holdings, Inc. (LEXEA) ("Liberty") regarding its acquisition by Expedia Group, Inc. ("Expedia"). Under the terms of the proposed transaction, Liberty shareholders will receive shares of Expedia common stock per share of Liberty common stock they own. Click here for more information: https://www.monteverdelaw.com/case/liberty-expedia-holdings-inc. It is free and there is no cost or obligation to you. DNB Financial Corporation (DNBF) ("DNB or "Company") related to the sale of the Company to S&T Bancorp, Inc. ("S&T Bancorp"). Under the terms of the agreement, DNB shareholders will have the right to receive 1.22 shares of S&T Bancorp common stock for each share of DNB they own.
Bankruptcy didn't fix the underlying problems at these two iconic chains.
Sears at Holly Hill Mall in Burlington to close Jan. 15, and Publix is expected to open a store in the same space in 2021.
NEW YORK, June 12, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Sears Hometown and Outlet Stores, Inc. (NASDAQ:.
HOFFMAN ESTATES, Ill., Sept. 19, 2019 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO," "our," "we," or the "Company") (SHOS) today reported results for the quarter ended August 3, 2019. Will Powell, Chief Executive Officer and President, said, "Our announcement on June 3, 2019 that we had entered into a definitive merger agreement with Transform Holdco LLC was the first of two major milestones for the Company.
NEW YORK , June 27, 2019 /PRNewswire/ -- Amplify Energy Corporation (AMPY) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the proposed sale of Amplify ...
NEW YORK , June 5, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Sears Hometown and Outlet Stores, Inc. ...