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NEWS ABOUT: Aylwin Lewis

More About:  Edward Lampert Kmart Eddie Lampert Sears CEO

Slumping Sears Ousts CEO

Board dumps Lewis as part of restructuring plan to boost retailer's falling sales, stock

(Newser) - Sears Holdings CEO Aylwin Lewis will depart as part of company-wide restructuring, the Wall Street Journal reports. Sears stock has plummeted 40% since July, and the retailer's sales were down 3.5% this holiday season. The company, which was created when Kmart Holding Corp. took over Sears in 2005, last... More »

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