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 unit, and rapid decision making to capitalize on opportunities, Sears said. The changes may bring more real estate sites to market, some analysts said, according to published reports. Sears Holdings has 3,800 stores, including Sears and Kmart.
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