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More Bad News for Sears/Kmart
It appears that Sears unit in Canada is about to collapse and probably won't make it to the end of the year.
We already know the US Sears and Kmart stores are in just as bad shape.
All of the Walmart stores in the states seem to be made in the same mold. Stand alone building, outside walls, inside ceiling heights, store layout, even the cart corals. I don't know about PR. They may not wish to physically move into the same old building as either Kmart. Would be interesting to see if they would invest in building a new building to their mold.
Target may be another option. Their buildings have their own mold as well but lots of them in shared buildings like our Kmarts.
Walmart has multiple molds from 2 story super centers to their express/neighbothoid market. Ditto Target.
Both view Amazon as their competition, not each other and are throwing a lot of money in that direction.
Best case is WM takes over the KM @ Sunny Isle and installs a neighborhood market. Mapp will screw that oppertunity
Target would sooner go back into Canada Vs move into the Caribbean