Thursday, January 10, 2019

Eddie Lampert Wants to Save Sears but Mall Owners Say Don’t Bother

The Wall Street Journal
Shopping center owners usually dread the prospect of a big retail operator shutting its doors. In the case of Sears Holdings Corp., many landlords are welcoming it.

That is in large part because these owners have lost faith in Sears chairman Eddie Lampert, his plans to salvage the company and a brand that they view as outdated, many big landlords and retail analysts say.. . . more