👓 The last Sears in Chicago is closing | MSN

Read The last Sears in Chicago is closing (MSN)

Sears is closing its final store in Chicago, the city it called home for more than a century.

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The Six Corners store, like more than 100 other Sears locations, is owned by Seritage Growth Properties, a real estate company controlled by Sears Holdings CEO Eddie Lampert. Seritage, which is publicly traded, has a market value nearly 10 times greater than Sears Holdings. ❧

Interesting to see the interaction between Sears Holdings and Seritage. The value is apparently all in the real estate.