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H&R Block Pulls Out of Sears

Bill Cobb, H&R BlockH&R Bock, which last month said it would slash its presence in Sears, has decided to sever the relationship completely. In a end-of-the month filing with the SEC, the Kansas City, Mo.-based tax services chain made a brief, but clear statement about the end of Block locations within Sears stores. That came as rival, Jackson Hewitt, announced a new agreement with the retail company.

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