New Sears subsidiary offers cloud computing services

Hoffman Estates, Ill. -- Sears Holdings announced the launch of a wholly owned subsidiary called MetaScale, that will provide data-management services. Sears sees the venture as a natural expansion of the resources it has spent to build the infrastructure it needs to manage data for its more than 4,000 Sears and Kmart stores nationwide. “We have this great capability," said Tom Aiello, a Sears Holdings VP public relations, in a report by Crain’s Chicago Business. "Why don't we go ahead and take this to other companies that can benefit, and get the revenue?" Sears is not the only retailer