Edward Lampert is remaking Sears Holdings Corp. to be quite unlike the department store Americans have known since 1893.
Billionaire chairman Lampert is lessening his company’s dependence on full-size locations, where sales have fallen. In his latest attempt to turn around the largest U.S. chain of its kind, Lampert is turning to smaller store formats, Web sales and the lure of its brands to re-ignite growth.
