Tuesday, October 16, 2018

Sears’ Bankruptcy Could Put Prime Mall Locations in Play

Sears Holdings is determining the future of stores across the country as part of its Chapter 11 bankruptcy protection filing. Some mall owners are welcoming the Sears Holdings bankruptcy filing as an opportunity to replace anchor stores that haven’t been attracting customers with more profitable outlets. New York-based real estate investment trust Kimco Realty, for example, said Sears Holdings’ filing for Chapter 11 bankruptcy protection may...



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