Tags: Sears Holdings Corp
KMART pays $1.4M under False Claims Act
Giant U.S. discount department store KMART Corp. paid $1.4 million for violating the False Claims Act by illegally using promotional materials to convince Medicare beneficiaries to fill prescriptions at its pharmacies, said the U.S. Justice Department Tuesday.
U.S. retail mall vacancies rise in fourth quarter: Reis
U.S. retail mall vacancies rose in the fourth quarter from the third, mainly due to the closure of some Sears Holdings Corp (SHLD.O) stores, according to real estate research firm Reis Inc (REIS.O).
Sears says online chief resigns, key member of management team
The head of Sears Holdings Corp's online operations and a key member of Chief Executive Eddie Lampert's management team has resigned and will leave the company in February to pursue a new opportunity, the retailer said.
Staples says security breach may have affected 1.16 million cards
Office-supply retailer Staples Inc (SPLS.O) said about 1.16 million payment cards might have been affected by the data breach announced in October.