Sears (NASDAQ:SHLD) Holdings to Franchise Sears Auto Centers

2/18/2010-According to Dow Jones Newsires Thursday, Sears Holdings Corp. (NASDAQ:SHLD) said it will allow franchising of its Sears Automotive businesses, which will have the same products and services that are now available at about 850 company owned Sears Auto Centers, as the company's department store sales continue to struggle.

The move allows car dealers who have lost their franchises an opportunity to get back into the automotice business.

Sears will report its fiscal fourth-quarter results on Tuesday, Feb. 23.