Troubled Sears offering to sell Gulf Coast stores

Retailer plasn to sell or auction eight operating Sears and Kmart locations


  • By
  • | 3:00 p.m. January 9, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Sears Holdings is offering to sell or auction eight Sears or Kmart stores along the Gulf Coast. The Westfield Citrus Park store, shown, will close as part of the chain's downsizing.
COURTESY PHOTO — Sears Holdings is offering to sell or auction eight Sears or Kmart stores along the Gulf Coast. The Westfield Citrus Park store, shown, will close as part of the chain's downsizing.
  • Commercial Real Estate
  • Share

In the wake of its October bankruptcy filing and in a bid to avoid liquidation, Sears Holdings Corp. is planning to sell or auction eight of the few remaining Sears and Kmart stores along the Gulf Coast.

The troubled retailer says in documents filed in New York in conjunction with its bankruptcy case that it’s offering to sell Sears stores in the Brandon Town Center; in Fort Myers; Coral Gables; the Westshore Plaza in Tampa; and the Port Charlotte Town Center, in Charlotte County.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content