The Traderszone Network

Published in TZ Latest News 15 October, 2016 by The TZ Newswire Staff

Selling Craftsman Will Let Sears Live to Fight (and Lose) Another Day

As losses have continued to pile up at Sears Holdings (NASDAQ: SHLD) in recent years, the storied retailer has been selling off its most valuable assets in an effort to stay afloat. Earlier this year, Sears announced that it would consider selling its popular Kenmore, Craftsman, and DieHard brands to raise cash. It also may sell the Sears Home Services installation and repair business.

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