Relationships in practice are rarely as easy and simple as in theory. Regardless of the evident differences between physical and corporate relationships, all divorces produce similar outcomes. On one hand, divorces can be messy and painful; parting can be such sweet sorrow. On the other hand, divorces can remove stress help each other prosper. However, the split between Sears Holding Corporation and Lands’ End was not as cookie cutter as other divorces. After 12 years of working together, in what mainly was a prosperous relationship, the two companies made the divorce official on April 4th 2014. The outcome has kept one company afloat, but left the other company to progress in its downward spiral. Most relationships, in love and in business,…show more content… Three months later, on March 14th 2014, the Sears Holding Corporation Board of Directors approved the separation. As a result, April 4th 2014 was announced as the finalized estrangement date, and kicked off the trading of Lands’ End as a separate entity. Sears Holdings continues to be listed on the NASDAQ Global Select Market under the symbol "SHLD," while Lands' End lists its common stock on the NASDAQ Capital Market under the symbol "LE." Luckily, the split was not messy. Outside of the company people questioned Sears decision to spin off Lands’ End, rather than Lands’ End leaving Sears to pursue a solo career. According to the company, “Lands’ End was spun off to existing shareholders in an effort to unlock value and allow Sears to focus on improving its core businesses” (Rocco). Lands’ End was one of Sears top earning companies, without it in their retail portfolio Sears is looking towards their inevitable…show more content… Although Lands’ End’s net income experienced a 58% increase as of their latest year with Sears, their debut as a solo company was a bumpy ride. Early on Lands’ End’s stock (LE) was down 7.2% at $29.38. On the other hand, it was Sears’s stock that rose after the split. Sears (SHLD) rose 2.3% to $41.60. Sears shareholders received .3 shares of stock for the new, independent Lands’ End. In addition to the increase in stock prices, Sears benefitted from a $500 million dividend payment by Lands’ End. But it did not stop there, Lands’ End also decided to keep their stores located in Sears department stores. In order to keep those locations Lands’ End now pays rent to Sears for their 275 in-store shop locations. As if Sears was not making a large enough payout already, “the split gave Sears chairman and CEO Ed Lampert’s hedge fund a 48.8% stake in Lands’ End, about the same as its ownership of Sears” (Rocco). Lands’ End has created a great name for itself over the past few years, and because of this and their previous reputation I believe that they are more than capable of producing more revenue as a newly separated