Items tagged with (NASDAQ: SHLD)

The years haven't been kind to brick-and-mortar generalist stores. Kmart, Sears, Roses -- just a few of the names that were booming a decade ago, and now, can't seem to lure a customer in regardless of tactic. Rather than just throwing in the towel and cursing Amazon, Sears is thinking outside of the box a bit. A new report suggests that Sears Auto Center locations may re-invent themselves for the digital generation by converting into data centers. With cloud services on the rise, monolithic companies such as Google and Apple have been building data centers all over the place in order to house... Read more...
If there’s been a more resourceful use of assets to bring profitability back to a huge company like Sears, we’d like to hear about it, because the company is looking to completely reinvent itself as a data center provider as its retail locations close. Sears Holdings has created a new unit called Ubiquity Critical Environments whose task is to take the company’s vast real estate assets--which Data Center Knowledge has pegged at some 3,200 properties comprising 25 million square feet of space--and turn them into data centers, disaster recovery sites, and communications depots wherein... Read more...