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Gart Capital invests $10 million in Finish Line’s Running Specialty Group
Indianapolis -- The Finish Line announced that Gart Capital Partners will invest $10 million in Finish Line’s Running Specialty Group, with the goal of creating the largest operator of specialty running shoe business in the United States.
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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.