Is Sears Dying? Archives - Market Mad House

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.