Back in October shares of Sears Holdings, Corp. (SHLDQ) popped after the struggling retailer announced it was considering spinning off its Lands' End and Auto Center businesses. After all, those moves would not only raise much-needed cash, but allow the company to refocus its efforts on turning around its core business.
On Friday, Sears investors were decidedly less optimistic after the company made official the Lands' End half of that consideration, filing a registration statement to spin-off the popular clothing, footwear, and home products specialist.
That's why, in the following video, The Fool's Steve Symington attempts to break through the noise to explain what Sears investors can expect as they go through the spin-off, and discusses some of the numbers behind Lands' End's business.
