NEW YORK — A management troika, constituting a newly created office of the president, will assume responsibility for Lands’ End after David Dyer retires from its parent, Sears, on Friday.

Dyer went to Sears in June 2002, following the retailer’s $1.8 billion acquisition of the direct marketer. He has held dual titles at Sears since then, serving as both president and chief executive officer of Lands’ End and executive vice president and general manager, customer direct, at Sears. In December 2002, he also became responsible for the activities of The Great Indoors.

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