Sears CEO Aylwin Lewis. 

Today Sears Holdings Corp. announced that Chief Executive Aylwin Lewis will leave the company by February 2.  The news is the latest in a series of shake-ups at Sears Holdings which owns both Sears and Kmart retail chains.

“The board has determined that now is the right time to put in place new leadership to take the company forward,” said majority stakeholder & Hedge Fund Manager Edward Lampert in statement earlier today.  Read.



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