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The Untaxables

The Untaxables Sarah Harney   |   July 2002 In May, the announcement by Sears that it plans to buy Lands End set the retail industry abuzz. Since then, analysts have been speculating about how the department store chain will merge its old-line business with a mail-order and online company, and what that combination portends for the future of retailing. Whatever it might mean to the business sector, the Sears-Lands End deal suggests something entirely different to...
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