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Sears, Roebuck & Co., the largest U.S. department store chain, said Wednesday that it has put its $30-billion credit card portfolio up for sale so it can focus on its retail business.
You can use the Sears credit card at Sears, Sears Home Services, Kmart, ... Business writers and financial analysts sometimes ...
Sears' business hasn't performed well in recent years (shares are down more than 40% in the last 12 months), but it's seeing some success with Shop Your Way.
NEW YORK (CBS.MW) -- Sears, Roebuck & Co. announced Tuesday that it was selling its entire credit and financial products business to Citigroup for about $6 billion cash. The transaction, which has ...
Sears, Roebuck and Co. agreed yesterday to sell its troubled credit card business to Citigroup for net proceeds of $6 billion, as it seeks to focus on its core retail operations. Citigroup said it … ...
At least six bids are expected this week for Sears, Roebuck and Co.’s credit card business and there is enough interest for the largest U.S. department store chain to sell the entire operation ...
Sears, Roebuck & Co., stung by rising delinquencies that had contributed to a $5.1 billion loss in market value since early October, plans to sell its credit card business to focus on retail ...
Are you a frequent Sears shopper? Then the Sears credit card may be right for you. Photo: Citi Like the credit cards offered by other retailers, the interest rate on the Sears card is quite high ...
Sears, Roebuck and Co. agreed yesterday to sell its troubled credit card business to Citigroup for net proceeds of $6 billion, as it seeks to focus on its core retail operations. Citigroup said it … ...