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.