Sears has booked losses of over nine billion dollars during the past eight years.  The company has had to resort to shedding assets—tangible and intangible—in a bid to right-size operations and manage liquidity.  In January 2017, Sears announced the sale of its Craftsman brand to Stanley Black & Decker.  Samantha Albert, senior financial analyst with Mercer Capital, explains the transaction. To read the ...

Last week, Lands’ End, Inc. announced it would write down the value of its flagship trade name asset.  Management’s preliminary guidance could lower the asset’s value by 20%.  Lucas M. Parris, senior member of Mercer Capital’s Financial Reporting Valuation Group, explores that obviously, a non-cash impairment charge is just that, non-cash, but what does it mean for stakeholders and how is such a charge actu ...