Sears, FTC to settle personal data allegations

HOFFMAN ESTATES, Ill. — The Federal Trade Commission announced a preliminary settlement Thursday with retailer Sears Holdings Corp. over allegations the merchant failed to disclose how much personal information it was collecting from a group of consumers. The finding, which resolves a complaint against Sears Holdings Management Corp., isn't an admission that the retailer broke any laws.

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Sears looks to Web sites, new strategy for growth

HOFFMAN ESTATES, Ill. — The chairman of Sears Holdings Corp. said Monday that the retailer is working to change how customers interact with it in stores and online. Speaking at an annual shareholder's meeting at Sears' suburban Chicago headquarters, financier Edward Lampert said the company was upgrading its Web sites, selection and interactivity to help the company emerge stronger than ever from the recession, particularly as competitors slash prices in an effort to sell merchandise.

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Sears looks to Web for future growth

HOFFMAN ESTATES, Ill. — The chairman of Sears Holdings Corp. said Monday that the retailer is working to change how customers interact with it in stores and online.

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