These days when we think of Barnes & Noble, there’s always a second thought immediately after — “What the heck is going on with that company?” After years of whispers, exits, and declining sales, Barnes & Noble says it’s finally going to go ahead and spin off its Nook business, separating it from the retail part of the company. [More]
spinoffs
Lands’ End Will Officially Be Freed From Sears On April 4
By 3.17.14
After 12 years in the Sears family fold, Lands’ End is heading out on its own in a spinoff set for April 4. From there on out, it’ll be a stand-alone, publicly-traded company, without the shadow of its struggling former parent company looming over all those fleece jackets and sensible sweaters. [More]
Sears Really Will Spin Off Lands’ End, Won’t Make Any Cash From It
By 12.6.13
As part of Sears’ exciting new plan of ditching any businesses that consumers actually like, the company announced today that it will be spinning off Lands’ End. The catalog company, which sells decent-quality clothing for middle-aged people, has been part of Sears since 2001. Instead of selling off the business, Sears plans to spin it off as its own entity, as it did with Sears Outlet and Hometown stores last year. [More]
