Recognizing the world needs less space for retail and more to store data, Sears (SHLD) plans to turn some of Sears and Kmart locations into data centers and disaster recovery spaces.
A new Sears subsidiary will be tasked with converting some of the more than 2,500 Sears and Kmart properties to data storage facilities equipped with servers, chillers and backup generators. It also plans to top many of its buildings with telecommunications towers.
Sean Farney, who built and managed Microsoft ‘s 700,000 square-foot, 120MW, Chicago data center, is leading the subsidiary. Most recently, he ran a network of low-latency services for the financial firm Interactive Data. According to Crain’s Chicago, the subsidiary’s name — Ubiquity Critical Environments — speaks to Sears’ reach. Seventy-one percent of the U.S. population lives within 10 miles of one of its stores.
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