Sears Holdings Corp. Message Board

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Non-Tech : Sears Holdings Corp.

SHLD 31.37

0.0%

Oct 12 5:00 PM EST

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To: Glenn Petersen who wrote (921)	8/24/2017 7:31:46 PM
From: Sr K	of 951

I'm sure Sears stores did not lose ground, despite the line "brick-and-mortar stores continued to lose ground in a tough retail environment". The stores pay an annual COL increase, and when Sears or Kmart space is taken back, it has been leasing at more than $18 psf, more than 4x what Sears pays. If Michelle Ma is related to Jack Ma, that might explain her and Imani's bias. Forever 21 was one of Sears' subtenants (they still may be), but the article has no relevant caption for the photo of nearby customers holding a tenant's bag. forever21.com is their site The Non-GAAP expected earnings was -2.48, and Sears reported a beat of -1.16.

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