https://www.costar.com/article/1866443968/in-a-twist-sears-could-be-reopening-shuttered-suburban-los-angeles-store
Brooklyn and Miami kmart haters, this Sears will likely be small. Does that mean we can't call it a Sears?
Derp derp. bEcAUsE kMaRT AnD SEaRs aRe onLy BIG RiTE??? Durrrrr
It’s Reopening in August as a concept similar to Sears Grand!
They'll probably look like that Houston store that closed but then "reopened" as a Hometown store that used a tiny portion of the first floor and the rest of the store around it was just dark and creepy
Another troll post from OP. Pro TIP, OP, ranDoMly CapITaliZiNg LeTTerS in tHe MiDdLe of words makes you look like an immature kid, it does not portray intelligence.
Also, nobody here wrote that small format stores don't count. Sears has several small stores in places like Kansas.
So I'm not even sure what you're reacting to, OP. Sears has 5 small stores and about a dozen large ones, while Kmart has 8 stores.
"Could," "may," "maybe," "might," the words in the title of a media report that should make a person skip it. Let me help here as we seem to have more contributors here with very limited knowledge of the company. Transformco has ended up with some residual properties that company manages, may still own, or both. The best example of this is the former Woodfield store. Transformco stated--in a more credible suburban Chicago media report--when the store closed that they would use their role as administrator, manager, (not the "owner") of the site to redevelop it. In this case, Transformco is managing the development of the second floor of Woodfield into a Primark store to open in 2023 or 2024. I suspect that Transformco has some other sites on which they can try to do this. This is not a comeback of Sears stores. It might not even be a comeback or emergence of Transformco as a property developer (look at Seritage). Since Transformco has been under a "cash in advance" regime since its inception, I can't imagine how you can redevelop a site this way. It's happening though so someone is fronting the cash for all of this. I can't imagine any third party (even less after SHO's collapse, SVB, Signature, First Republic, Credit Suisse, Fed interest rate hikes, and perhaps undiscovered and bigger minefields elsewhere in finance) who would front Transformco centavo numero uno in credit for any of this. But the short answer again is, no, Sears is not coming back because they have a few sites left to attempt to develop for someone else's store.
I recall that the liquidators of the Burbank store would not sell fixtures, because they said they would be needed for a later reopening.
Another useless article. The whole thing is based on an image of a "coming soon" sign that the author found on Reddit, of all places. Yep, sure, that sounds credible. 🙄😒😁
@yff+1lLUu7PN Exactly right. If anything, it will be like those goofy Sears Appliance stores in Kansas or wherever that have like 3 employees (with 1 of them being the owner), and their entire inventory consists of like 3 dishwashers and Lawn mowers. Heck, I have more appliances in my garage than a "Sears fking appliance store" has, LMAO.
The article says there is a sign that reads "Coming Soon". Makes no mention of what's coming. Also says Sears is trying to sublease the space. Looks like they can't get out of their lease so desperately trying to do something. Probably states in the lease they can't leave the space vacant either. Comeback? LMAO Pathetic if that's it.