Sears to spin off Lands' End business (9)

Salon.com 2013.12.06 15:08
Associated Press, Associated Press Topics: From the Wires, 4 News, News HOFFMAN ESTATES, Ill. (AP) - Sears Holdings Corp. says it will spin off its Lands' End clothing business as a separate company. The retailer plans to distribute shares in Lands' End to its current shareholders. Sears has spun off other businesses, including its Hometown and Sears Outlet stores, to raise cash. Sears Chairman Edward Lampert disclosed recently that his stake in the
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