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Retail

Sears stores to be put up for sale

Sears is looking to sell as many as 50 properties to help generate cash flow and build up other properties and stores they own. Seritage Growth Properties, a real estate investment trust that was a product of the Sears bankruptcy, has plans to sell up to 50 sites that were described as “less interesting in terms of uses of our capital” by CEO...

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Business |IN DEPTH Featured

A closer look at the fashion companies that made this year’s Fortune 500 list

Walmart has topped Fortune magazine’s list of the 500 most valuable companies in the US once more. 16 other fashion retailers have also made the list, but none of them are newcomers. FashionUnited takes a closer look at the most recent developments to stem from these companies. Walmart - 1 Several businesses are being removed from Walmart’s...

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