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U-Haul shells out millions for 13 shuttered Kmart, Sears stores

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U-Haul International Inc. penned a $62 million deal to purchase 13 closed Kmart and Sears stores.

The company plans to convert the stores into self-storage and moving facilities.

The stores are part of 500 that Sears intends to sell as part of its bankruptcy proceedings.

Read more from the Phoenix Business Journal.

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