❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

Sears explores what assets it might sell

Amy Scott May 15, 2018
HTML EMBED:
COPY

Sears explores what assets it might sell

Amy Scott May 15, 2018
HTML EMBED:
COPY

Sears has formed a special committee to explore selling off more parts of the struggling business. What assets still have value? The Kenmore appliance brand, for one, and Sears Home Services, a home improvement business. But the company has already sold off many assets, so its value is dwindling. One interesting wrinkle: A hedge fund operated by Sears CEO Eddie Lampert is a potential buyer. The company’s board of directors has formed an independent committee to see if there are any other interested buyers out there.

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.