Back in Catalogs
Sears, Roebuck & Co. announced plans to purchase the nation’s largest catalog and online retailer, Wisconsin-based Lands’ End Inc. The move reunites the Illinois-based retail giant with a catalog business for the first time in nearly 10 years (Sears shuttered its 100-year-old catalog division in 1993). The $1.86 billion cash deal is awaiting approval by Lands’ End shareholders.
