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
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
SPAN, LAND, BUSINESS, HOMETOWN, BILLIONAIRE, RETAILER, Sears Holdings Corp., USA