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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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Report: Target setting its sights on vertical farming
Target has announced plans to test vertical farms within select U.S. stores, according to Business Insider.
The popularity of vertical farming, an agricultural technique that involves growing plants indoors in precisely programmed conditions, is growing rapidly.
“Down the road, it's something where potentially part of our food supply that we have on our shelves is stuff that we've grown ourselves,” Casey Carl, Target’s chief strategy and innovation officer, told Business Insider.
