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Sears to close three Great Indoors stores.(Market Watch)(Brief Article)
HOFFMAN ESTATES, ILL. -- Sears announced that it plans to close three of its Great Indoors home decorating and remodeling centers, but Alan Lacy, Sears chairman and ceo, stressed that "the business continues to hold great promise." The move is expected to result in an after-tax charge of $75 million to $100 million in the third quarter of 2003.
In other company news, Sears is now rolling out its Lands' End collection to 870 Sears stores nationwide. Previously, the …
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