Lands' End is closing at 1667 Rockville Pike at Congressional Plaza in Rockville, according to signage posted at the store. A closing sale is underway. The store has been open for about six years, and will be the loss of another big brand name on the Pike.
However, the Montgomery County Council probably isn't the culprit this time. A familiar villain is behind the Lands' End curtain: Fast Eddie Lampert. Yep, the same Fast Eddie Lampert who sucked all the money out of Sears and Kmart before running those American institutions into the ground. He bought another solid American brand in Lands' End, and now he wants to cash out once again. Lampert, the majority shareholder in the apparel company, has exhorted the corporate board to find a cash buyer as soon as possible.
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