GREY:SRSCQ - Post by User
Comment by
bushhog1on Mar 18, 2005 1:26am
101 Views
Post# 8772271
Sears Roebuck to shed assets
Sears Roebuck to shed assetsAn excerpt from
-Sears seeks buyer for Lands' End-report
Analysts speculate the two sides may be looking to shed assets.
The Sears/Kmart story will work if the company follows the recipe that we witnessed at Kmart," Balter said. "Sell off assets that have more value outside the company and reduce expenses and drive gross margins within. Lands' End in our view is the biggest single asset of value, and selling it would be a good step towards our investment
thesis."
Does this mean that there is a possibility that Sears Roebuck may sell off its holdings in Sears Canada ?