- BusinessCNBC.com•2 hours ago
Sears is shuttering 20 more stores
Sears Holdings is planning to shutter 20 more Sears stores in the U.S., in addition to the more than 200 closures that have already been announced, Business Insider reported Thursday. Sears reportedly announced the latest round of closures to its store employees on Thursday, several workers told the online publication. Some of the Sears locations on the updated list of stores being closed include those in Sarasota, Florida; Roseville, Michigan; Watchung, New Jersey and East Northport, New York, Business Insider said. A Sears spokesman confirmed to CNBC the number of stores included in the report was accurate. Sears announced its first round of store closures in January and is headed down what
- NewsBusiness Insider•7 hours ago
John Oliver has been sued by the coal baron he tried to take down, which he predicted would happen
The coal magnate Robert Murray has filed a lawsuit against John Oliver, HBO, Time Warner, and the writers of Oliver's show over the most recent episode of "Last Week Tonight," The Daily Beast reports. In a segment on the show, Oliver took on Murray's business practices and the safety hazards of the coal industry at large. Murray — who runs Murray Energy Corporation, the largest private coal company in the country — filed the suit Wednesday.
BusinessThe Street•2 hours agoKroger Thinks Amazon Will Make One Huge Change to Whole Foods
While Amazon.com Inc. (AMZN) and Whole Foods Market Inc. (WFM) contend that the upscale grocer will be operated the same as it's always been, Kroger Co. (KR) isn't buying it. In response to a question about the possible effect the Amazon-Whole Foods proposed merger will have on Kroger, company CFO Michael Schlotman, speaking at the Oppenheimer Consumer Conference on Wednesday, June 21, said he's not too worried about it at this point, but that it will be "interesting" to see how it evolves. Watch: Did Amazon Make a Mistake Saying There Are No Antitrust Issues With the Whole Foods Deal? "I really wouldn't speculate on a merger that's out there like that," Schlotman said. "But I'm guessing [Amazon]
