Are malls secretly hoping Sears goes bankrupt?

Started by retailisking, February 18, 2017, 02:36:24 AM

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TheFugitive

I guess that all depends on whether/how regularly Sears is paying its rent.

danfifepsu

malls NEED A CONTINGENCY PLAN for if Sears goes! wll they just keep SEars and retire Kmart?

Retail Fan+ (Justin Hill)

Quote from: danfifepsu on February 20, 2017, 09:11:55 AM
malls NEED A CONTINGENCY PLAN for if Sears goes! wll they just keep SEars and retire Kmart?
Nobody I know goes to Sears or Kmart to shop anymore. I think they should retire both stores.

giantsfan2016

Quote from: TheFugitive on February 20, 2017, 09:05:06 AM
I guess that all depends on whether/how regularly Sears is paying its rent.

Quite a few of the Seas stores at the mall are owned by Sears themselves.

TheFugitive

Then Sears can either raise or lower it's own rent so as to produce a tax loss in one company
or the other.  A common bookkeeping trick.