Thursday, June 4, 2020

Sears, Kmart stores are doing a slow fade

Chain Store Age
A look at what’s left of the Sears portfolio shows that the troubled retailer’s store footprint is doing a disappearing act.

According to a report by Forbes, there are a total of 161 Sears and Kmart stores left in the Transformco portfolio (Transformco is the privately held company run by Eddie Lampert that bought the remnants of Sears Holdings, including 400-plus stores, out of bankruptcy court last year). . . . more