Sears To Sell Lands’ End
In a move to enhance liquidity and improve operating performance, Sears Holdings Corporation (NASDAQ:SHLD), a cash strapped company, is likely to sell its Lands’ End brand, The Wall Street Journal reported. The Journal stated that Sears Holdings, who is already in talks with various private-equity firms, is looking to raise about $2 billion in cash [...]
In a move to enhance liquidity and improve operating performance, Sears Holdings Corporation (NASDAQ:SHLD), a cash strapped company, is likely to sell its Lands’ End brand, The Wall Street Journal reported.
The Journal stated that Sears Holdings, who is already in talks with various private-equity firms, is looking to raise about $2 billion in cash from this sale. Goldman Sachs is likely to assist the company on the sale. Further, the company is looking to structure a sale-and-license-back deal, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards