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Sears retirees seek trustee to help recoup part of $3 billion in dividends paid to shareholders

TORONTO — Sears Canada creditors could be a step closer in their attempt to recoup some of the $3 billion in controversial dividends paid out to the company’s shareholders — most notably, Sears Holdings Corp. 775 more words

Retail & Marketing

Sears Cuts of Jobs Means it Doesn't Qualify for Tax Breaks

HOFFMAN ESTATES, Ill. (AP) – Officials of the Illinois Department of Commerce and Economic Opportunity say Sears Holdings’s elimination of 400 jobs means the company no longer qualifies for state tax breaks. 144 more words