New YorkNov 8, 2022Sears crawls out of bankruptcy in tattersRetailer had nearly 700 stores four years ago, now down to 15
New YorkOct 28, 2022Remnants of Sears to be wiped out as Seritage shareholders bless asset saleCompany has yet to receive an offer for entire portfolio
Los AngelesJul 13, 2022Shopoff Realty buys former Sears space at Westminster Mall for $46MFirm wants to “breath new life” into 14-acre slice of retail center
ChicagoMay 2, 2019New York private equity group leads $800M refi for SearsThe deal follows Edward Lampert's $5.2B takeover of the company in February
ChicagoApr 18, 2019Sears sues Eddie Lampert, alleging ex-CEO looted failing retailer of billionsAs company slid into “death spiral,” Lampert and other shareholders profited from the sale of its real estate assets, suit alleges
New YorkFeb 13, 2019Sears, sort of: Here’s what the retailer is planning post-bankruptcyChairman Edward Lampert plans to sell or sublease some of the 425 stores, and shrink the footprint of those that remain
New YorkJan 18, 2019National Cheat Sheet: Sears avoids liquidation, warehouse vacancies hit 18-year low, Blackstone plans massive real estate fund … & more
ChicagoJan 16, 2019Hundreds of Sears stores could remain open after Lampert wins auction for firm: reportThe company chairman’s $5B bid for the retailer was said to include plans to keep 425 stores
New YorkJan 11, 2019National Cheat Sheet: WeWork eyes IPO after SoftBank retreat, Sears avoids liquidation, Trump’s troubles… & more
ChicagoJan 8, 2019Sears liquidation — of company and all its stores — averted for now, after Lampert’s 11th-hour rescue bidThe company's board had been prepared to ask a bankruptcy judge to sell off all its assets
ChicagoDec 28, 2018Sears to close 80 more stores, full liquidation possible as deadline loomsNews comes on last day to bid on retailer in bankruptcy
ChicagoDec 11, 2018Sears hires JLL to shop hundreds of stores, while weighing takeover bidEfforts to sell 500 Sears and Kmart locations have drawn interest; Lampert's $4.6B offer still on table
ChicagoNov 13, 2018Chicago Cheat Sheet: JSM Venture buys former Zion Kmart … & moreAlso, the Farpoint Development-led restoration of the Uptown Theatre is set to start next year
ChicagoOct 29, 2018Chicago Cheat Sheet: Zell says Amazon HQ2 should skip Chicago … & moreAlso, Union Station redevelopment poised for final city approval
ChicagoOct 25, 2018Simon Property Group CEO: “We’re putting Sears in our rear view mirror”David Simon said Sears closings in his firm’s malls provide an opportunity for redevelopment
ChicagoOct 22, 2018Chicago Cheat Sheet: Google opens first retail location in city … & moreAlso, notorious landlord Lou Wolf has died at 94