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Sears Selling Profitable Stores


Is the end getting near? It's been pretty much an accepted fact in the retail industry circles that Sears is heading for the exit one of these days. But now news has emerged that the company has sold 12 profitable stores in North America over the past year and a half, according to the Wall Street Journal. A Sears spokesperson told the paper the cash generated from the store sales outweighed the losses from the sales they generated. Credit Suisse researchers estimate that ... Freemium Content

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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