Seritage Growth Properties — developed to help spin off Sears Holdings properties as the chairman of that company, Edward Lampert, and the board looked for ways to capitalize on the retailer’s real estate assets — has begun a review of strategic alternatives to...
According to parent Transformco, the demise of the last Sears store in Illinois has been greatly exaggerated and doesn’t accurately reflect the banner’s strategic direction. The fact that Transformco has a strategic direction for Sears has been underappreciated, the...
After launching in New York City with a Brooklyn store in 2019, Wegmans Food Markets is opening a Manhattan location on Astor place, taking over the former Kmart space there. Wegmans scheduled the store opening for the second half of 2023, it said in an announcement...
