Sears Employees Make Their Own Demands of Eddie Lampert

Current and former workers want board seats and the severing of the chairman and CEO roles.

(Victor J. Blue/Bloomberg)

(Victor J. Blue/Bloomberg)

Former and current Sears and Kmart employees have joined the chorus of critics of ESL Investments CEO Eddie Lampert’s effort to take a truncated version of the retailer out of bankruptcy in a $5.2 billion sale.

The proposed deal, which Lampert says would keep about 425 stores open and 45,000 employees working, is expected to be finalized this week in federal bankruptcy court, following three days of hearings.


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