Does Sears have a future Archives

daniel April 22, 2019April 22, 2019 Does Sears have a future, Eddie Lampert, Lampert Lawsuit could create Problems for President Trump, Management accuses Lampert and Seritage of looting Sears, Sears is suing Lampert and the US Treasury Secretary, Sears Opens New Stores

Sears is suing Lampert and the US Treasury Secretary

Thus, circumstances support the lawsuits allegations that Lampert and other insiders were conspiring to strip Sears of assets. The stripping allegedly includes hundreds of millions of dollars in rent and leases Seritage charges Sears.

The Death Spiral

daniel December 18, 2015March 26, 2016 Does Sears have a future, Is It the End for Sears?, Is Sears a Value Investment?, Sears Closing, Sears in Trouble, Sears Real Estate, Seritage Growth Properties (NYSE: SRG), The Death Spiral Continues, When will Sears close, Why Did Buffett Buy Seritage?

Sears Gets Stranger Again

Such property could become even more valuable as retailers such as Whole Foods, Sprouts, Kroger and Walmart expand their operations in core cities where Sears and Kmart have many choice locations. Former Sears stores could be perfect locations for high-end markets like Sprouts, Whole Foods and Kroger’s high-end subsidiaries such as Mariano’s and Harris Teeter.

Market Insanity The Death Spiral

daniel July 9, 2015March 26, 2016 Are Malls a Good Investment?, beginning of the end at Sears., death spiral at Sears, Does Sears have a future, Eddie Lampert, Is Sears Doomed, Is Sears Dying?, Is Seritage a good investment?, Retail Apocalypse, Seritage Growth Properties, SRG, Wall Street junk heap?, What are Seritage Shares worth?, When will Sears Shut Down, Why is Sears closing

Seritage Will Not Help Sears Avoid Death Spiral

One also has to wonder what Seritage investors are actually buying. Seritage purchased the properties from Sears for $2.72 billion, yet it only raised $1.6 billion through the IPO. It is unclear how it will generate revenue because all but 11 of the properties it owns are leased back to Sears, a company that’s losing $2 billion a quarter. There’s no guarantee that Sears will be able to cover those lease payments.