Headlines

Sears to Spin Off Lands’ End

Paperwork has been filed with the SEC

Published

10 years ago

December 6, 2013

steve kaufman

Sears Holdings Corp. (Hoffman Estates, Ill.) appears ready to spin off its Lands’ End mail order business.

Lands’ End Inc. (Dodgeville, Wis.) filed a registration statement with the Securities and Exchange Commission intending to distribute the company to shareholders.

Sears said as early as October that it was considering separating Lands’ End and its auto center unit to raise cash.

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