Lands' End

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Lands' End
TypeSubsidiary
IndustryRetail
FoundedChicago, Illinois (1963)
HeadquartersDodgeville, Wisconsin
Number of locations14 (2010)[1]
ProductsClothing, luggage, home furnishings
ParentSears Holdings
Websitewww.landsend.com
 
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Lands' End
TypeSubsidiary
IndustryRetail
FoundedChicago, Illinois (1963)
HeadquartersDodgeville, Wisconsin
Number of locations14 (2010)[1]
ProductsClothing, luggage, home furnishings
ParentSears Holdings
Websitewww.landsend.com

Lands' End is an American clothing retailer based in Dodgeville, Wisconsin, that specializes in casual clothing, luggage, and home furnishings. The majority of Lands' End's business is conducted through mail order and Internet sales, but the company also runs more than a dozen retail operations, primarily in the Upper Midwest, along with international shops in the UK, Germany, Japan, France and Austria.

History[edit]

Lands' End began as a sailboat equipment company in 1963 in Chicago, Illinois. It was founded by Gary Comer,[2][3] along with his partners, 1963 Pan American Games gold medalist sailors Richard Stearns and Robert Halperin, and two of Stearns' employees.[4][5] As the business became successful, it expanded into general clothing and home furnishings, and moved to Dodgeville, Wisconsin in 1978.[3] The company is named from its sailboat heritage, after Land's End, but the misplaced apostrophe in the company name was a typographical error that Comer could not afford to change, as promotional materials had already been printed.[2]

In 2002, Sears bought the company for US$2 billion in cash.[6] In addition to operating mail order and online business and Lands' End Inlet stores, Sears now offers a Lands' End clothing line in a large number of its retail stores.[7] In 2012, the company formed an "online partnership" with the UK's Debenhams and House of Fraser department stores.[8]

In November 2009, Lands' End launched a new line called "Lands' End Canvas," which offers a more fashion-oriented selection of casual clothing for men and women.

On December 6, 2013 Sears Holding Corp. announced that it will spin off Lands' End catalog business as a separate company by distributing stock to the retailer's stockholders.[9]

References[edit]

  1. ^ "2010 Form 10-K, Sears Holding Company". United States Securities and Exchange Commission. 
  2. ^ a b Suzanne Kapner, "Sears Weighs A Spinoff of Lands' End; Core Chains' Losses Grow," Wall Street Journal, October 30, 2013.
  3. ^ a b Dennis Hevesi, "Gary C. Comer, 78, Founder of Lands’ End, Dies," New York Times, October 6, 2006.
  4. ^ "American National Business Hall of Fame". Anbhf.org. Retrieved July 12, 2011. 
  5. ^ Rick Kogan, "Gary Comer: 1927 - 2006," Chicago Tribune, October 5, 2006.
  6. ^ "Sears buys Lands' End", CNN, May 13, 2002
  7. ^ "Sears stores carrying Lands' End", Internetretailer.com, October 17, 2003
  8. ^ Corporate Overview, Corporate website, Undated.Retrieved: 10 October 2013
  9. ^ Hadley Malcolm, "Sears to spin off Lands' End business," USA Today, December 6, 2013.

External links[edit]