• Dead department stores are finding an unexpected new life with U-Haul

    9 days ago - By Business Insider

    AP Photo/Charlie Neibergall
    U-Haul is looking to buy 13 former Sears and Kmart stores for $62 million, court documents show.
    These former department store locations will be repurposed into U-Haul storage centers and places to house its fleet of rental trucks.
    U-Haul has a policy in place whereby it buys and renovates pre-existing buildings and uses them for new purposes. Earlier this year, it bought a former Macy's store after it closed down .
    U-Haul could make a small dent in Sears' debt load.
    The truck rental and storage company is looking to buy 13 former Sears and Kmart stores for $62...
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