Most Active Stories
- School Stabbing Suspect Was 'Nice Young Boy,' Attorney Says
- ‘We Are a Country of Cults’: A Conversation with Jonestown Survivor Laura Kohl
- Stereotypes Of Appalachia Obscure A Diverse Picture
- A Look at 'A Life,' as Chattanooga's First Major Film Festival Begins
- UTC Conference Addresses Youth Sports Injuries
Originally published on Fri February 24, 2012 7:20 am
STEVE INSKEEP, HOST:
NPR's business news starts with a sale at Sears.
Sears says it is spinning off outlet, hometown and hardware stores. The deal is expected to help the company raise up to $500 million. It's also selling some of its other properties in a separate deal.
This comes after Sears said in December it would close about 100 stores after an abysmal holiday shopping season. Transcript provided by NPR, Copyright NPR.