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Sears looks to expand signature brands outside stores
Hoffman Estates, Ill. -- Sears Holdings Corp. has appointed Leveraged Marketing Corp. of America as its exclusive global licensing agent as it looks to capitalize on, and ways to sell, its signature Kenmore, Craftsman and DieHard brands outside its own stores.
Sears said it will work closely with Leveraged Marketing to identify, evaluate and manage licensing opportunities around the world. -
Report: Sears to sell off Lands’ End
Hoffman Estates, Ill. -- Multiple reports on Thursday said that Sears Holdings Corp. is considering a sale of its Lands’ End mail-order catalog business, as part of its move to raise up to $2 billion.
The New York Post reported that Sears is in talks with several private-equity firms about the potential sale.
Sears chief Eddie Lampert is said to be likely to hire Goldman Sachs to find a buyer for Lands’ End.