For Sears Stores, Less Is More

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Besides closing stores, Sears’ latest real estate strategy entails downsizing them, by either leasing out sub-divided space or focusing on a new generation of smaller-footprint specialty showrooms.

“With six years of shrinking sales and a wave of maturities coming due in 2018, Sears is in a fight for its life.”

See the full story at CNBC.

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