Sears (SHLD) hires real estate specialist David Lukes, former head of real estate company Mall...

|About: Sears Holdings Corporation (SHLD)|By:, SA News Editor

Sears (SHLD) hires real estate specialist David Lukes, former head of real estate company Mall Properties, in an attempt to mine the value of its assets. Sears has struggled with tough competition and weak demand for its merchandise, so the troubled retailer hopes to generate cash by selling off its massive real estate holdings.