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Sears


Sears has sold the Adam's children's wear chain of 325 shops to management for £87m.
16-Jul-1999


Sears is to sell its Freemans mail order business to Otto Versand of Germany for undisclosed terms, leaving it focus on its retail operations which include Miss Selfridge, Richards, Warehouse, Adams, Wallis and Outfit.
08-Apr-1999


Sears has accepted a £549m takeover offer from Philip Green, the retail entrepreneur.
22-Jan-1999


Sears is to sell its Creation store card business to Groupe Cofinoga of France for £139m, and is also close to agreeing the sale of a number of development properties.
14-Jan-1999


Sears has sold its Cable & Co chain of shoe shops to Nine West of the US for £6m, thus completing its exit from the shoe business.
06-Feb-1998


Sears has sold 44 Shoe City outlets to Brantano of Belgium for an initial £6m, but 39 other shops are being closed.
24-Dec-1997


Sears has sold its Shoe Express retailing chain for £8.3m to a former chairman of Amber Day who plans to retain 185 of the shops and close the remaining 136.
16-Dec-1997


Sears has reached agreement to sell the Freemans mail order business to Littlewoods for £367m, and also plans to demerge the Selfridges department store next year as part of a restructuring aimed at stemming the losses in its £465m footwear business.
30-Apr-1997


Stylo has bought the retail and wholesale operations of the Hush Puppies shoe business from Sears for £23m.
03-Aug-1996


Sears has sold Hoogenbosch Beheer, the Dutch shoe retailer with 308 outlets, to a management buy-out for £47m.
23-Apr-1996


Sears is selling Olympus, the sports retailers, to Mayfind for £20m.
28-Nov-1995