Lands' End to go independent

Sears Holdings Corp. will spin off Lands’ End on April 4, making the Dodgeville-based company independent for the first time in a dozen years. It will begin trading on the Nasdaq on April 7 under the symbol LE. Lands’ End products will continue to be offered in Sears stores. For each share of Sears stock held as of March 24 at 4:30 p.m., stockholders will receive about 0.3 shares of Lands’ End common stock.