The Company is a broadline retailer. It currently conducts its operations in three business segments: Kmart, Sears Domestic and Sears Canada.
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I was smart not to buy into Eddie-mania before. But now the assets are worth far more than the stock price accounts for. It may take awhile, but eventually math wins. Berkowitz has most of FAIRX in three stocks, this is one of them (w/ AIG & BAC).