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Sears Will Still Need to Close Hundreds of Stores, REIT Notwithstanding, Analysts Say
2015-04-07 17:23:00| National Real Estate Investor
Sears Holdings plan to spin off a REIT containing 254 of its properties may have gotten a lot of attention, but the question is whether the attention signaled approval. Content Classification: Curated read more
Tags: close
say
stores
hundreds
Sears to sell stores through REIT formation
2015-04-02 11:06:22| Daily apparel & textile news and comment - from just-style.com
US department store group Sears Holdings Corp is to sell around 250 stores through the creation of a real estate investment trust, in a bid to raise US$2.5bn as part of its cost cutting efforts.
Tags: sell
stores
formation
sears
Sears in joint venture with General Growth Properties
2015-04-01 15:50:49| Real Estate - Topix.net
Sears has been taking a number of actions, including closing stores and selling assets, as it continues with efforts to turn around its business. The retailer has shifted its focus from running a store network to operating an online and offline business tied together by its Shop Your Way loyalty program.
Tags: general
growth
properties
joint
Is a REIT Structure the Solution to Sears Woes?
2015-03-04 22:05:10| National Real Estate Investor
Sears Holdings announced it is moving forward with a plan to spin off 200 to 300 stores into a REIT. Chairman and CEO Edward S. Lampert expects the company to generate $2 billion or more in proceeds, yet industry experts question whether the move will solve Sears problems. read more
Tags: to
solution
structure
sears
AES, Avago, Salesforce Climb; Salesforce and Sears Net Loss Narrow
2015-02-27 11:06:18| Steel - Topix.net
Avago revenues and net surged and agreed to acquire Emulex for $609 million. Chico''s and Harsco net loss widened.
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