Your email has been successfully added to our mailing list.

×
0 0 0 -0.00578034682080925 -0.00722543352601154 0 -0.00144508670520228 -0.0115606936416184
Stock impact report

More broken promises at Sears as layoffs and store closures top original projections [CNBC]

SEARS HOMETOWN & OUTLET (SHOS) 
US:NASDAQ Investor Relations: searshometownstores.com
Company Research Source: CNBC
More broken promises at Sears as layoffs and store closures top original projections The parent of Sears and Kmart is set to layoff 250 employees and close even more stores than expected, putting a dent in the promises of revival laid out by its longtime chairman, Eddie Lampert Through an affiliate of his hedge fund ESL Investments, Lampert bought Sears and Kmart after their former parent, Sears Holdings, filed for bankruptcy in October. Sears had been unable to tackle its debt load and faced robust competition from Walmart Target Amazon Lampert promised employees and the bankruptcy court that a new Sears could take advantage of its iconic heritage and fend off these challenges, preserving roughly 45,000 jobs. He and his partners said they would improve the retailer's performance by only running 425 of its profitable stores, rather than the roughly 700 stores it had when it filed for bankruptcy. They also said the company would build out smaller stores focused on selling its most popu Show less Read more
Impact Snapshot
Event Time:
SHOS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SHOS alerts
Opt-in for
SHOS alerts

from News Quantified
Opt-in for
SHOS alerts

from News Quantified