USA: Sears Completes $1.9bn Lands’ Ends Deal
Retail giant Sears, Roebuck and Co on Monday announced it had completed its $1.9 billion acquisition of casual clothing marketer Lands' End. The Illinois-based firm said in a statement it had merged its Inlet Acquisition Corp subsidiary with the direct marketer and Lands' End apparel will now be available in 870 Sears retail stores.