Tag Archives: Hometown

Amazon’s Hometown Seattle Repeals Tax on Large Corporations in Divided Vote

Seattle leaders on Tuesday repealed a tax on large companies such as Amazon and Starbucks after a backlash from businesses, a stark reversal from a month ago when the City Council unanimously approved the effort to combat a growing homelessness crisis. A divided crowd chanted, jeered and booed at the council meeting, drowning out the leaders as they cast a… Read More »

Eddie Lampert proposes to buy further stake in Sears Hometown

Struggling retailer Sears Holdings Corp (SHLD.O) said Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc (SHOS.O), if Sears Hometown entered into a partnership related to certain brands and its home services unit. Sears Holdings has been exploring alternatives — including partnerships for its Kenmore, Craftsman and Diehard brands, and… Read More »