Sears Contemplates End Of Lands’ End As It Explores Spin Off Of Iconic Clothing Brand, Auto Centers

It was, some thought, a mismatch from the beginning. When Sears(SHLD) purchased Lands’ End for $1.9 billion in 2002, the New York Times spoke of a union of “pants and power drills”.  The hope of then-CEO Alan Lacy that Lands’ End would revive Sears’ struggling apparel business was never realized. By the time Kmart purchased Sears in late… Read More »