In Retreat, Sears Set to Unload Stores
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Posted On: 02/25/2012 7:08:51 AM
In Retreat, Sears Set to Unload Stores
After seven years of trying to rebuild the iconic retailer Sears, hedge-fund manager Edward S. Lampert reversed course and said Sears Holdings will unload more than 1,200 stores in an effort to raise up to $770 million.
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