- A lease agreement signed by Sears (SHLD) at a Pennsylvania mall could be an indication of future strategy.
- The department store will share space with Dick's Sporting Goods (DKS) by subleasing the second floor of the expansive space.
- This slicing and dicing of existing space has been suggested in the past by retail watchers as a way to extract some value out of Sears' real estate without a full exit.
Sears continues slicing and dicing of real estate
Jan 16 2014, 08:20 ET