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Lands' End, Inc. is an American clothing and home decor retailer founded in 1963 and based in Dodgeville, Wisconsin, that specializes in casual clothing, luggage, and home furnishings. The majority of the company's business is conducted through mail order and Internet sales, but the company also has 28 retail stores, primarily in the Upper ...
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. [ 7] It was the 20th-largest retailing company in the United States in 2015. [ 8]
In 2008, apparel was introduced to Sears Outlet stores and served as a liquidation outlet for Lands' End. In 2009, SearsOutlet.com was launched as an e-commerce platform allowing customers to purchase items online and in 2011, nationwide delivery was offered. [citation needed] In 2012, Sears Hometown and Outlet Stores was spun off from Sears ...
On Friday, Sears Holdings Corporation announced that it had decided to divest itself of another subsidiary; Lands' End. This marks the third such spinoff of an enterprise owned by Sears since 2012.
Back in October shares of Sears Holdings, Corp. popped after the struggling retailer announced it was considering spinning off its Lands' End and Auto Center businesses. After all, those moves ...
Sears Holdings announced multiple actions today that it hopes will improve its financial flexibility while also transforming it into a more integrated retailer. This included selling five of its ...
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