Retail Industry
Industry: Email Alert RSS FeedLands' end not for sale after all
DSN Retailing Today, April 11, 2005
CHICAGO -- Eddie Lampert, who will lead Sears Holdings Corp.--the company formed by the merger of Kmart and Sears--announced that the company has no intention of selling the Lands' End catalog division. "Lands' End is not for sale," Lampert said at a news conference at which the merger deal was approved.
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DSN Retailing Today reported on March 16 that Sears was rumored to have put Lands' End on the auction block for approximately $1.2 billion.
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