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Sears and Kmart stores across the country are in need of roommates. Consumerist reports that in order to find alternate revenue sources and make the best of long-term leases, Sears Holdings Corporation is taking the step of renting out space within operating Sears or Kmart stores. And amazingly, nearly every Sears and Kmart store is available for rent to non-Sears business, according to Consumerist.
Companies who've taken up real estate within Sears and Kmart include Whole Foods, which has opened multiple stores within Sears spaces, and Dick's Sporting Goods, which nabbed part of the second story of Sears at King of Prussia Mall. Maybe getting into the landlord business is part of the strategy that's gotten Sears in the top 20 of Kantar Retail's recently released top 100 retailers list.
· Pretty Much Every Sears And Kmart Store Is For Rent Right Now [Consumerist]
· Here Are the Top 10 Highest-Selling Retailers of 2013 [Racked]
· Sears Tries to Make its Parking Lot Wastelands a Selling Point [Racked]