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Noah Zucker took this image for Bisnow in March 2025.
News

'Last Man Standing': How Boscov’s Is Expanding As Big Department Store Competitors Fall Away

... ’s remained open and was even renovated after outliving the Sears and JCPenney locations that used to serve as fellow anchors ... history. In the years since, other chains have virtually disappeared. Sears went from 700 stores to just eight nationwide. Macy’s ...

Mar 28, 2025
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Olshan Properties CEO Andrea Olshan at Bisnow National Retail Series East Coast, April 4, 2017
News

Seritage CEO Steps Down Amid Final Liquidation Push

Seritage CEO and President Andrea Olshan is leaving the company next month, the company announced Friday. She and the board of trustees reached a deal for her to relinquish her role and position on the board on April 11, with current board Chairman Adam ...

Mar 28, 2025
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Natick Mall
News

Brookfield Extends $505M Natick Mall Loan

... part of the loan extension, the space formerly occupied by Sears was added as collateral on the loan, according to the ...

Mar 05, 2025
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Southland Mall Groundbreaking for The Current apartments
News

$1.5B Groundbreaking Kick-Starts New Era For Cutler Bay

... 2017 as major vacancies started to hit — first Kmart, then Sears vacating in 2020, The Real Deal reported. Its New York ...

Mar 03, 2025
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A rendering of Live! Casino at The Mall at Rockingham Park in Salem New Hampshire.
News

Casino Lease In Vacant Lord & Taylor Space Boosts N.H. Mall As $262M Loan Nears Maturity

... House of Sport on the second level of a former Sears, a portion of the mall not covered by the loan ...

Feb 07, 2025
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Are Newspapers Being Gutted For Their Real Estate?
News

Are Newspapers Being Gutted For Their Real Estate?

... , the strategy is most commonly associated with retail. Sears Chairman Eddie Lampert has been accused of kneecapping the ... that Lampert spun off much of Sears' property into Seritage Growth Properties. As Sears spiraled into bankruptcy, Seritage has been ...

Feb 12, 2019
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EagleBank Presents: 15 Things You Need to Know
News

EagleBank Presents: 15 Things You Need to Know

... Stores, Lampert Bids To Stall Liquidation Sears chairman and former CEO Eddie Lampert submitted ... a bid to rescue Sears — which announced a further round of ... the table has yet to be determined. Sears’ advisers have until Jan. 4 to ...

Jan 02, 2019
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CVS shoppers
News

Discounters Big Retail Winners In 2018, Department Stores Still Beleaguered

... interactions,” JLL Director of Retail Research James Cook told Bisnow. Sears, however, might survive in 2019 in some form, possibly ... owned chain with a much smaller footprint. As 2018 ended, Sears Chairman Eddie Lampert, via his hedge fund ESL Investments, ...

Jan 02, 2019
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Pier 1 Imports
News

Over 1,700 Stores Are Already Slated To Close In 2020

... : 178 stores AC Moore: 145 stores Olympia Sports: 76 stores Sears: 51 stores Kmart: 45 stores Bed Bath & Beyond: 44 stores ... Michael's, its chief competitor in the craft supply business. Sears' new parent company, Transform Holdco, will be left with 182 ...

Jan 14, 2020
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Gwinnett County Buys Macy's Store To Expand Redevelopment Of 'Stranger Things' Mall
News

Gwinnett County Buys Macy's Store To Expand Redevelopment Of 'Stranger Things' Mall

... their stores, and Charlotte developer Northwood Ravin owns the shuttered Sears store, which it plans to convert into an apartment tower ...

Sep 18, 2024
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