Rose Reisinger, who managed her husband’s home improvement business and family, dies

Lynne M. Centeno

The phrase “cleanliness is next to Godliness” can be found in a 1788 sermon by Methodist leader John Wesley. His saying would be personified by Rose Reisinger about 200 years later.

Outside her home near the intersection of South Luzerne and Fait avenues in the Canton neighborhood of East Baltimore, Mrs. Reisinger and her broom were a near-constant presence cleaning the curbs and sweeping up trash.

“God forbid there should be a leaf on the sidewalk,” daughter Virginia Deardorff recalled. “That was probably one of her daily routines. I remember that she wanted the people across the street to take down a tree because the leaves from their tree would always get blown onto her sidewalk.”

Mrs. Reisinger, who managed her husband’s home improvement business, died July 3 at a nursing home in Venice, Florida, due to heart failure. She was 101.

“It was a good long life, a life

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Sears exploring sale of home improvement business

Lynne M. Centeno

By Jessica DiNapoli and Mike Spector

NEW YORK (Reuters) – Sears is exploring a sale of its home improvement business following interest from potential suitors such as private equity firms, people familiar with the matter said on Wednesday.

The struggling U.S. retailer’s Sears Home Services division has emerged as a coveted asset during the COVID-19 pandemic, as consumers embark on renovations while they stay home.

The division is one of the department store operator’s few crown jewels following its bankruptcy in 2018 and $5.2 billion sale to hedge fund manager Eddie Lampert, who was already its biggest shareholder and creditor.

Transformco, the owner of the Sears and Kmart retail chains, could raise at least $1 billion by divesting the home improvement business, the sources said. Sears has tapped investment bankers at Guggenheim Securities LLC to explore selling the business, the sources said.

Transformco could also sell a stake in Sears

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