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After Sears closed the site in 1994, it laid vacant as development proposals came and went. The city of Minneapolis acquired the site in 2001 and sold the 1979 expansion portion in 2002 to be used by the neighboring Abbott Northwestern Hospital as a parking ramp. Two years later, Ryan Companies was given exclusive development rights to the site ...
Sears Hometown and Outlet Stores initiated a program to franchise Sears Outlet stores in 2012. In 2013, home appliances made up 78% of Sears Outlet's sales revenue and total revenue from Sears Outlet stores was $610 million. [42] In 2014, Sears Outlet partnered with the Make-A-Wish Foundation to support children with life-threatening conditions ...
In 2015, Sears Holdings spun-off 235 of its properties, including the Sears at Burnsville Center, into Seritage Growth Properties. [29] Sears closed this location in September 2017 as part of its plan to close 20 stores. [30] On February 4, 2016, the first At Home location in Minnesota opened outside the mall. [31]
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Sears will sell or sublease some of the 425 stores of the retail chain and open smaller stores with more focus on tools and appliances than on apparel. ... which has 223 Sears outlets and 202 ...