On paper, Sears Holdings looks cheap. But with a key finance firm pulling back from its vendors, investors buying now may find later that they have paid a very high price, the good folks at the Wall St Journal report.
Add up all the things that Sears owns, and the company is trading at a deep discount. There are brands like Lands' End, Kenmore and Craftsman. There are about 100 million square feet in real-estate holdings, along with leases on roughly 150 million square feet. .....
Read more at http://online.wsj.com/article/SB10001424052970203721704577157122218587092.html?mod=markets_newsreel
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