As Eddie Lampert settles into the corner office of Sears Holdings Corp., the new chief executive is likely to again come face to face with Kmart, the retailer he bought out of bankruptcy.
The chain, which sells everything from apparel and home goods to consumer electronics, has stumbled in recent quarters because of increased competition, missteps in its grocery business and turf battles in the urban areas where it has traditionally been strongest.
Sears Holdings faces challenges across its operations, with sales in decline and credit analysts concerned about its ability to generate cash. But the namesake Sears chain’s domestic.
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