Sunday, January 20, 2008

Report: Sears to reorganize into units (AP)



Snowblowers are lined up in front of the Sears store in Berlin, Vt., in this Nov. 29, 2007 file photo. Shares of Sears Holdings Corp. tumbled Monday, Jan. 14, 2008, after the retailer warned falling sales would force it to post fourth-quarter and full-year earnings well below analyst estimates. (AP Photo/Toby Talbot, file)AP - Sears Holdings Corp. plans to reorganize into several companies in another bid to pull the ailing 121-year-old retailer out the doldrums, according to a report published Saturday.




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