Sears hires JLL to shop hundreds of stores, while weighing takeover bid

Sears Holdings hired JLL to market about 500 Sears and Kmart stores in the United States, two months after filing for bankruptcy protection. The brokerage is already drawing interest from potential buyers in major markets while Sears still considers a takeover bid from its chairman. Bids have come in from retailers, mall owners and others interested in potentially adaptive reuses of the stores, sources told Bloomberg. Strong interest from suitors — which Bloomberg said include […]

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