Sears to Reorganize Business Groups

Sears Holdings here on Wednesday confirmed plans to reorganize its business into five separate units, including a real estate group.

HOFFMAN ESTATES, Ill. — Sears Holdings here on Wednesday confirmed plans to reorganize its business into five separate units, including a real estate group. The new structure is “designed to simplify the way its business lines are managed and create greater autonomy and focus for the business unit management teams,” according to a company statement. The leadership of each unit will have a separate, internal profit and loss statement to allow greater focus on managing the profitability of the

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