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Report: A shutdown of Kmart or Sears is complicated


It won't be simple for Sears or Kmart to shutdown, as the country's malls and strip centers littered with at least 2,500 empty storefronts, Crain's reports.

According to Crain's, it will take years to find buyers for all the real estate Sears owns and leases -- especially at a time when department stores and other retailers are looking to shrink their footprint, not grow it.

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