Sears, Struggling to Sell Goods, Markets a Valuable Asset: Real Estate

Many former stores are being overhauled for new retailers, but developers are installing high-end apartments, cutting-edge classrooms and even labs at sites around the country.

Sears, Struggling To Sell Goods, Markets A Valuable Asset: Real Estate

The New York Times – by C. J. Hughes

Shoppers may no longer come in droves for wrenches, watches or washing machines. But Sears, the once-ubiquitous department store that has been battered by the growth of e-commerce, may have one last thing of value to market: its own buildings.

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