Dallas, Texas 04/14/2014 (FINANCIALSTRENDS) – Sears Holdings Corp (NASDAQ:SHLD) was found to be falling drastically in prices after the company reported it had sold off its Lands’ End project.
Sears Holdings Corp (NASDAQ:SHLD) has announced loss in share price by way of separating the clothing company. The key factor for investors with respect to spinoff is in the asset play. These spinoffs include the Hometown as well as the Outlet Stores, which are part of Sears Canada. Therefore, the operational weakness is more evident.
Sears Holdings Corp (NASDAQ:SHLD) is currently struggling with a combined loss which is in the region of $5billion, in the previous three years. Therefore, there are no signs which show improvement in sales, even as they slide, besides consumers flocking to online option which modern retailers can support.
As the sell-off momentum in the market grows, the likelihood of Sears shares fall further is also indicated.
Sears Holdings Corp (NASDAQ:SHLD) which holds more than several thousands of end-to-end retail as well as specialty retail stores, operates within the US space with Kmart Holding Corporation as well as Sears, Roebuck. It also offers services in three sections- Sears Domestic, Sears Canada as well as Kmart.
Sears Holdings Corp (NASDAQ:SHLD), now post the separation of the Lands’ End has been witness to increased pressure on the stock market as well. As prices begin to fall, Sears Holdings, is under the public eye as it manoeuvres itself to find the best solution out of its financial-related issues.
The spin-offs will not only heighten the company’s proposed move to a leaner but fitter and enhanced performing retail giant over, with a difference.
Sears Holdings, despite the downward turn, has remained unaltered in the quality and level of services the company delivers. The resurgent Sears Holdings, rid of non-performing assets should hopefully emerge post all of the spin-offs!