Sears Holdings considering selling its Canada’s operations

Sears Holdings Corp (NASDAQ:SHLD) on Wednesday said it is exploring options for its stake in Sears Canada including a possible sale. The retailer intends to hire an investment bank during the proceedings. String of spin-offs Last month, Sears Holdings Corp (NASDAQ:SHLD) completed the spin-off of the Lands’ End, Inc. (NASDAQ:LE) brand, the fourth in just 30 months. Though the move brought in some very welcome cash, the company doesn’t have a great track record of generating shareholder value from spin-offs and losing one of the most profitable parts of its business makes Sears’ long-term prospects look even worse than they did before….