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Author Image: Alexia Elejalde-Ruiz

Alexia Elejalde-Ruiz

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Laura Gibson and Jared Delariman at Trader Todd's in Chicago's Lakeview neighborhood on March 4, 2014.
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A Lands' End employee organizes apparel at a store in Torrance, Calif. Though the company's spinoff date from Sears Holdings Corp. isn't set, Lands' End will pay Sears a cash dividend of $500 million before the spinoff, financed by a new term loan.
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