OTHER NEWS - Jan. 14, 1993
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Sears Selling Business Center Division: Sears, Roebuck & Co. announced an agreement to sell its Sears Business Center division to InaCom Corp., a marketer of computers and communications systems based in Omaha, Neb. The parties did not disclose the purchase price of the Sears unit, which sells and services office computing equipment. The parties expect to close the deal within 30 days. At least 500 of the approximately 750 Sears Business Center employees will join InaCom, Sears spokesman Perry Chlan said. The rest will be out of a job. Chicago-based Sears is shedding some of its businesses, including most of its financial services operations, to focus on consumer retailing and insurance.
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