he has already 'telegraphed' the average price for buying out the stores at $9,200,000 each
Who in their right mind would even contemplate bidding on the ruins
3 replies (most recent on top)
There is potential for someone to redevelop the real estate. There is also potential for someone to resurrect the Sears brand. There is potential for someone to do a lot with Sears if they have the skills, vision, intuition and drive to do it.
That’s not a bad deal. Astor and penn do 40 mil Guam 100. Walmart needs an in where some of their locations are.
Most of the stores I know that are open generate a decent amount of sales. Good locations that can be redeveloped.
There's still a lot of leases on empty buildings, the repair business, Innovel, Kenmore, Craftsman, Diehard, online, and the ever so awesome SYWR program that is sure to wow and delight members for years to come.