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Amazon Plans Whole Foods Expansions In Closed Sears Stores

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Amazon has its eyes on expansion for its Whole Foods brand in closed Sears and Kmart stores, according to a report by Yahoo! Neil Saunders, managing director of retail at GlobalData, said Amazon is smart to secure former retail spaces, and that landlords are open to grocery stores because they help drive foot traffic.

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Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard

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” It’s an interesting move for the once-iconic Kmart brand, especially since those stores have been pretty much circling the drain since Sears acquired them in 2004. According to Nation’s Restaurant News , Cortland Capital Market Services LLC, which holds about $35.7 Garden Fresh Restaurant Corp.,