Will Lands' End Land a Buyer?

The profitable retailer has had several lookers, such as Sears and Wal-Mart, but none committed. Now the spotlight is on German giant Otto

After nearly 40 years at the helm, Lands' End Chairman Gary Comer seems to be shopping around the casual-wear catalog he founded. Sears, Roebuck & Co. looked into acquiring it last fall, according to sources close to the situation, but hasn't made an offer. Neither has Wal-Mart Stores or May Department Stores, which, the sources say, also had a look last year.

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