Quotes from the news wire:
That's the ironic part. You would think that if Sears Holdings still had a core demographic, Sears Holdings would be Mr. and Middle America. But Sears Holdings's not the plan going forward, sears Holdings may underscore the fact that Sears' plans are less about retail and more about the real estate.
Even if they emerge from bankruptcy as a going concern, they have a pretty insurmountable retail problem, the desire to control the real estate was Eddie Lampert motivation through this long slide. If there's any reason Eddie Lampert is still involved in this, it's the value is in the real estate, with a footprint you can't easily replicate for a variety of reasons.