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>> KMART Latest News

OCT 29, 2013 - Yahoo! News

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Sears may separate Lands' End, Auto Center as sales slide

(Reuters) - Sears Holdings Corp is considering splitting off its Lands' End clothing and Sears Auto Center businesses, after another quarter of declining same-store sales. The company's shares rose 7 percent, as investors assessed the latest attempt by the operator of Sears department stores and the Kmart discount chain to turn around its business. Analysts said recent moves to dispose of assets, while perhaps negative in the long term, could reassure creditors and vendors and help to ensure sufficient liquidity for now. ...

Tags: Sears may separate Lands' End, Auto Center as sales slide,  Kmart Latest News