sears holdings

Electrolux plant in Memphis to shut down

Swedish appliance maker Electrolux says it will close a manufacturing plant in Memphis, as the household appliance business contends with higher steel prices and Sears' bankruptcy.

Sears' massive legal fees are adding up

Sears' creditors are waiting to learn how much money they'll recoup from its bankruptcy case. The only thing that's certain: Whatever they get will be reduced by the tens of millions because of legal and other professional fees that are already mounting in the case.

Sears is leaving Minnesota, closing another door on its history

In the early 1990s, the bold blue letters of a Sears sign were raised above the entrance to one of four anchor stores at the sprawling new Mall of America near Minneapolis. In the heyday of shopping malls, it was evidence of the century-old retailer's enduring success.