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USA: Investors watch Sears for smoke signals

USA: Investors watch Sears for smoke signals

Octubre 6, 2016

👤Periodista: María Alejandra Lopez 🕔06.Oct 2016

 

Sears Holdings (NASDAQ:SHLD) opens with a tidy 0.90% gain to follow on yesterday’s rally fueled by reports of a Craftsman sale.

Investors are keeping a close eye on Sears for news of asset sales.

Also ReadQuiznos foreshadows mobile ordering rollout with new loyalty app 

The company also has the Kenmore and DieHard brands to shop around to interested parties.

Despite some talk about pulling the plug on Kmart, CEO Eddie Lampert was pretty insistent in a blog post that Sears still sees upside for the chain.

Also Read: PepsiCo  served mobile coupons to millennials 

“I can tell you that there are no plans and there have never been any plans to close the Kmart format. In fact, we’ve been working hard to make Kmart a more fun, engaging place to shop, powered by our integrated retail innovations and Shop Your Way,” wrote Lampert.

Source: Seeking Alpha

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