Wednesday, December 12, 2018

Your shuttered Sears store could soon be demolished. Here's why

CNBC
If a Sears store near you has already closed or is in the process of closing, it's likely the owner of that property will opt to demolish it rather than find someone to fill the space.

The bankrupt department store chain has already said it will shut 142 stores by year's end. And its future while it's in bankruptcy court proceedings is still uncertain, with a total liquidation being one potential outcome. That would mean more than 500 additional Sears and Kmart stores going dark.. . . more