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Petra Leaderboard

Sears CEO to Step Down

January 8, 2013
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Sears announced Monday that CEO Lou D’Ambrosio will step down early next month, for family health reasons." Chairman Edward Lampert will assume the CEO role as well. 

The company also said it expects a net loss of between $280 million and $360 million in the quarter that ends Feb. 2. 


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