Question and answer
is sears going out of business
According to Forbes reports, Sears is listed as a struggling company and it will be closing some of its stores across the nation in 2012. This information is based on a report from 24/7 Wall St.
Get an answer
Original conversation
User: is sears going out of business in 2012 or 2013

User: is sears going out of business

Weegy: According to Forbes reports, Sears is listed as a struggling company and it will be closing some of its stores across the nation in 2012. This information is based on a report from 24/7 Wall St.
Frankie17851|Points 1397|

User: will sears be around in 2013



Weegy: i guess the answer is yes. PROVO - The announcement that Sears will be closing its store at Provo Towne Centre comes with great interest from area residents and business leaders. [ The store will close sometime next year. The Sears store at Fashion Place Mall in Murray also will close. According to Sears spokeswoman Kim Freely, the closure is not because of poor performance at the store. Mall owner General Growth Properties Inc. announced Thursday a definitive agreement for the acquisition of 11 Sears anchor pads within its portfolio for $270 million. The acquisition is expected to close in the second quarter of 2012. "This portfolio represents a significant opportunity to recapture valuable real estate within our portfolio," Shobi Khan, chief operating officer of General Growth Properties said in a news release. "This acquisition also enhances several expansion and redevelopment opportunities including re-tenanting the anchor space." Upon closing, GGP will own the 11 anchor pads, including the Provo Towne Centre site. GGP anticipates Sears will continue occupying the space into 2013. Read more: ]
Expert answered|emem0910|Points 95|

Question
Asked 4/9/2012 1:27:44 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
20,695,690 questions answered
Popular Conversations
The president is also known as the "commander in chief." The term ...
Weegy: Which of the following BEST describes the concept of a pocket veto? A. The president vetoes a bill by ignoring ...
5/2/2015 9:02:33 AM| 2 Answers
22 = 5 + x
Weegy: 44 User: 32=9+x
5/2/2015 7:05:36 PM| 2 Answers
Which of the following is the most effective way to encourage ethical ...
Weegy: The most effective way to encourage ethical business behavior is to establish and enforce a corporate code of ...
5/2/2015 12:07:56 AM| 1 Answers
Adipose tissue
5/2/2015 12:22:00 AM| 1 Answers
omega-3 fatty acids
5/2/2015 12:23:43 AM| 1 Answers
After 1965, black civil rights leaders found it difficult to A. ...
Weegy: After 1965, black civil rights leaders found it difficult to achieve economic equality in the North.
5/2/2015 12:25:46 AM| 1 Answers
Weegy Stuff
S
Points 161 [Total 691]| Ratings 0| Comments 161| Invitations 0|Offline
S
1
Points 58 [Total 450]| Ratings 1| Comments 48| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 36 [Total 8782]| Ratings 0| Comments 36| Invitations 0|Online
S
1
L
L
Points 17 [Total 8200]| Ratings 0| Comments 17| Invitations 0|Offline
S
L
Points 11 [Total 3765]| Ratings 0| Comments 11| Invitations 0|Offline
S
Points 10 [Total 179]| Ratings 1| Comments 0| Invitations 0|Offline
S
Points 3 [Total 231]| Ratings 0| Comments 3| Invitations 0|Offline
S
Points 3 [Total 23]| Ratings 0| Comments 3| Invitations 0|Offline
S
Points 1 [Total 9]| Ratings 0| Comments 1| Invitations 0|Offline
S
Points 1 [Total 127]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.