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Hot Issue: Turnarounds

12/6/05
Sears Centralizes Merchandising Functions

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There's more changes going on at Sears Holdings. The company announced it is combining the merchandising divisions of its Sears and Kmart businesses under a single unit with the heads of those areas reporting directly to chairman Edward Lampert, until a chief merchandising officer is named. Will centralizing the merchandising functions at Sears Holdings create a more integrated and customer-focused approach for the various retail businesses the company operates?

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