theoldwizard1 wrote:
colliehauler wrote:
thought Sears would be gone by now. Warren Buffett stepped in with some cash so there has to be some value.
Not exactly !
Billionaire investor Warren Buffett’s Berkshire Hathaway has agreed to loan $2 billion to Seritage Growth Properties – a real estate investment firm created by struggling retailer Sears.
So this real estate holding company is where the REAL remain value of Sears Holding is ! Of course, in my area, there are 3 or 4 very large Sears store sitting empty in decline malls. They have anounce that more will be closed.
Thanks for the clarification.