Friday, 29 November 2013

Sears Takes Crash Course in Surfing - Wall Street Journal

Nov. 28, 2013 5:42 p.m. ET

It is becoming less clear whether Sears Holdings will ultimately be left holding anything other than the bag.

Beyond the rundown of just how much money the company had lost, its latest quarterly results included a statement from Chief Executive Edward Lampert on where he sees Sears heading.

"We are proactively transforming our business to a member-centric integrated retailer," said Mr. Lampert, who controls the...

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