You might be surprised. Seritage is a public company (stock ticker is SRG); check out their SEC filings and investor presentations. They list several names of

You might be surprised. Seritage is a public company (stock ticker is SRG); check out their SEC filings and investor presentations. They list several names of new tenants who've been taking up their redeveloped floor space. I think the desirability of the former Sears stores varies dramatically by location; some of them are hopeless ghost towns, but many of them apparently have bright hopes for non-department store tenants. Check it out. There's a reason Warren Buffett bought into SRG. This part of the strategy is working well.