Sears: Unlocking Value or Self-Destructing? (SHLD)
Filed under: Retail
According to a report in today’s New York Post, Sears Holdings Corp. (NASDAQ: SHLD) “has met with investors about selling the Lands’ End brand, which accounts for as much as half the company’s profits.” The company, and its majority owner Eddie Lampert, have already filed for an IPO of the Sears’ Hometown outlets and hardware stores.
In a letter to shareholders back in February, Lampert suggested that Lands’ End might be on the block:
The ability to successfully transform the disparate…
Sears: Unlocking Value or Self-Destructing? (SHLD) originally appeared on DailyFinance.com on 2012-08-14T12:29:00Z.
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