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Sears restructure announcement expected today

Sears is expected today to unveil a restructuring plan. Speculation has mounted over the future of chief executive Liam Strong. The group is expected to announce the closure or disposal of large parts of the British Shoe Corporation.

  • Financial Times 29/04/97 page 26
  • The Times 29/04/97 page 29
  • The Daily Telegraph 29/04/97 page 28 (The Market)

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