{"id":699,"date":"2004-11-06T00:34:00","date_gmt":"2004-11-06T00:34:00","guid":{"rendered":"http:\/\/zmetro.com\/?p=699"},"modified":"2004-11-06T00:34:00","modified_gmt":"2004-11-06T00:34:00","slug":"lands_end_paren","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=699","title":{"rendered":"Lands End Parent Sears Stock Jumps on Vornado&#8217;s Ownership Disclosure"},"content":{"rendered":"<p>Dodgeville based <a href=\"http:\/\/www.landsend.com\">Lands End<\/a> parent Sears&#8217; stock rose 23% today based on news that <a href=\"http:\/\/custom.marketwatch.com\/custom\/nyt-com\/html-companyprofile.asp?userID=manana2&#038;h=63\/ki6W5Y9D+zSKg0MInBg&#038;oref=login&#038;symb=VNO\">Vornado Realty Trust<\/a> has acquired a 4.3% in the retailer, in an apparent real estate play, according to Constance L. Hays: <\/p>\n<blockquote><p><i> In July, Vornado began buying Sears stock as well as derivatives held by a bank. Its move seemed to suggest that Sears might be worth more as a collection of real estate holdings than as a purveyor of clothing, housewares and other goods. Sears owns about 60 percent of its 870 Sears stores, a spokesman said, and leases the rest. There are also 1,100 independently owned and operated outlets for appliances and tools.<\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Dodgeville based Lands End parent Sears&#8217; stock rose 23% today based on news that Vornado Realty Trust has acquired a 4.3% in the retailer, in an apparent real estate play, according to Constance L. Hays: In July, Vornado began buying Sears stock as well as derivatives held by a bank. Its move seemed to suggest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/699"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=699"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/699\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}