The ousted credit chief of Sears, Roebuck and Co. has sued the retailer over his dismissal, accusing chief executive Alan Lacy of defaming him last fall in trying to explain the credit unit's problems ...

Citigroup said the purchase also includes Sears' Financial Products business and credit card facilities, with approximately 8,300 employees. Sears, based in Hoffman Estates, Ill., said it will receive ...

Sears, Roebuck & Co. will rein in marketing programs this year at its credit card operation that exposed the company to less reliable customers in 2002, chairman and chief executive Alan J. Lacy said ...