Back in October shares of Sears Holdings, Corp. (NASDAQOTH: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.

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.