Sorry if this was already posted but I check this page out a lot and didn't see this article before. I know there has been mention of all optical locations closing but I don't remember an article listed that proved it.
https://www.visionmonday.com/latest-news/article/luxottica-retail-to-terminate-relationship-with-sears-and-close-all-remaining-sears-optical-locations-by-february-2020/
Drain the swamp eddie. My oldstore has been converted to a sewage treatment plant.
Eddie must think commercial real estate is like a home where you're supposed to leave it empty when showing it to a potential buyer. It's the only explanation.
Yawn! Wake me up with some actual news that I didn't already know!
I don't blame them for terminating Sears. They can find another profitable company.
More rent Eddie isn't getting, adding to his pile of accelerating losses. The value of ESL's equity portfolio has been dropping like a rock since 2010 when it was 9.2 billion to 1.5 billion in 2015 to around $200M today, and that's before considering all the borrowing. Eddie is as broke as a joke.
@132JwT83-rxr Still not a good thing though.
yes, we will be severing our relationship.
It should be noted for those who are unaware of it, they’re unaffiliated with Sears and just rent space in the stores.