Retail

At a stock price of just more than $38 per share, Seritage Growth Properties is still overvalued.

Walmart is opening a test store where customers can make all of their purchases on smartphones.

Lou Conforti is tired of hearing about Sears.

Buyers want well-located assets occupied by a solid tenant with a long-term lease in place, but limited opportunities are available for that type of trade.

Sears could use its net operating losses to offset $5 billion of future taxable income.

Last month, Warby Parker opened a store in a former GameStop next to a Chick-fil-A in Raleigh, North Carolina. In April, the eyewear brand debuted in Alabama.

If J.C. Penney doesn’t manage to deliver real progress during the 2018 holiday shopping season it will fail a crucial test.

If Sears liquidates, it would flood the market with about 100 million sq. ft. of vacant retail space, serving as a damaging tipping point for weaker malls.

Here’s a look back at how Sears—known for selling everything from clothes to power tools—has evolved over the years.

Sears’ creditors will argue in court whether Lampert stripped assets from a failing business and if the money transferred out of their reach prior to bankruptcy can be recovered.