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Sears, Roebuck and Co. (/ s ɪər z / SEERZ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago.
In May 2012, the mall was put up for sale again. An October 2013 report by the Chambersburg Public Opinion confirmed that an unknown party had put a non-refundable deposit on the mall. In November 2013, the mall was officially sold to Mason Asset Management for $8.8 million. PREIT expected the net proceeds from the sale to be $8.4 million.
The mall's expenses totaled $232.4 million, but its revenue reached only $173 million. In June 2022, the mall made a late payment to its bondholders of $13.9 million, but remained behind on its payments, including interest on the bond payment that its owners missed on June 1, which put them in default.
Dani Romero. June 26, 2024 at 12:44 PM. New home sales hit a six-month low in May as high mortgage rates continued to weigh on potential buyers. Sales of new single-family homes fell 11.3% from ...
Apple has begun offering a free one-month trial for MLS Season Pass.The promotion is available in every country where you can sign up for the streaming package, and both new and returning monthly ...
Neighboring Orange County, Calif., was a distant second, with 6.3 percent of total searches dedicated to $1 million-plus homes, followed by Miami with a 4.8 percent share. The share of total ...
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Pennsylvania (/ ˌ p ɛ n s ɪ l ˈ v eɪ n i ə / ⓘ PEN-sil-VAY-nee-ə, lit. ' Penn's forest country '), officially the Commonwealth of Pennsylvania (Pennsylvania Dutch: Pennsylvanie), is a landlocked state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.