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Department store owner reports net loss of $424m in the last quarter
Business failures have hit investment returns but prime locations are still in demand
Sears’ activity of selling stuff has little value. The game is on to divide up what is left
Eddie Lampert seeks to extend bet on US retail by buying Kenmore and SHIP brands
Lampert pushes embattled retailer to divest its Kenmore brand and other units
As more people shop online, physical stores are becoming a millstone for brands
Sector looks to have had its best holiday season in at least six years
Kohl’s and Macy’s lead charge but Apple falls back on fears over iPhone sales
Latest big-name retailer to overhaul strategy in face of web rivals
18% of retailers’ debt now rated ‘CCC’ or lower
Lenders insist on safe form of financing for troubled sector
Closure of more Kmart stores and in-house pharmacies help retail group narrow losses
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