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  • Sears' Nifty Purchase: Footstar Footwear [View article]
    tucker,

    sears paid to foot $637 million (foot revs.)

    they are going to run the operations. even if they run it at zero profit, they can sell the merchandise in kmart and save the $53 in profits they paid to foot.

    the license fees would be removes from the profit equation. that make that # a wash for the comparison
    Apr 10 14:10 pm |Rating: 0 0 |Link to Comment
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