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Sears to close 78 stores this summer
Associated Press ^ | Apr 21, 2016 7:06 PM EDT | Anne D’Innocenzio

Posted on 04/21/2016 4:07:42 PM PDT by Olog-hai

Sears Holdings Corp. will close another 78 stores — 68 Kmart units, and 10 Sears stores — as it looks to restore profitability.

That accounts for about 5 percent of its store base, which is nearly 1,700 stores.

The ailing company, based in Hoffman Estates, Illinois, had said in February that it would accelerate the closing of unprofitable stores following a “challenging” holiday season. The move announced Thursday is expected to generate a “meaningful level” of cash from the liquidation of store inventories and from the sale or sublease of some of the related real estate, it said Thursday.

All 10 Sears stores and nearly all the Kmart stores will close in late July. Two Kmart stores will close in mid-September. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy
KEYWORDS: bhoeconomy; economy; kmart; layoffs; retail; sears
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1 posted on 04/21/2016 4:07:42 PM PDT by Olog-hai
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To: Olog-hai

It’s Recovery Summer time again!


2 posted on 04/21/2016 4:09:05 PM PDT by LouieFisk
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To: Olog-hai

Man, it’s been a long, slow grind into oblivion for that company.


3 posted on 04/21/2016 4:09:38 PM PDT by babble-on
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To: Olog-hai

They closed the K-Mart in my town. Then redid the plaza and put in a Ross & Aldi. The place is rocking now. K-Mart is zombie company. Time to put it to sleep, IMO.


4 posted on 04/21/2016 4:10:41 PM PDT by lodi90 (Clear choice for Conservatives now: TRUMP or lose)
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To: Olog-hai

Is there any info on which stores will close?


5 posted on 04/21/2016 4:13:13 PM PDT by Wilhelm Tell (True or False? This is not a tag line.)
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To: babble-on

No joke. I went to Sears the other day to get a filter for my shop vac. I found a couple of other items on sale and on clearance that I also needed. I go to check out, have to wait for someone, then the clearance item doesn’t ring up and the clerk asks me how much it was so I tell her. Then the sale item doesn’t ring up right and so I correct her, take her to where it is so she can see the price. She complains to me (a customer!) about how they are always changing the prices and it doesn’t match the ads and the computers are never right. I worked retail when I was young so I blew it off to her as ‘pitfalls of working retail’ but I would NEVER ever badmouth the company to a customer. So ten she needs an over ride it took 3 calls to a supervisor and almost 5 minutes for the supervisor to show up. If it haden’t been such a good price I would have left.

And don’t get me started on Kmarts - I gave up on them years ago.


6 posted on 04/21/2016 4:14:54 PM PDT by reaganaut (Bible Scholars, Theologians and Evangelicals for Trump)
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To: Olog-hai

Kmart

5980 Chalkville Mountain

Birmingham

AL

Kmart

1101 Beltline Road

Decatur

AL

Kmart

230 Green Springs Hwy

Homewood

AL

Kmart

450 Z Schillingers Road

Mobile

AL

Kmart

300 West Mariposa Road

Nogales

AZ

Kmart

2270 East El Monte Way

Dinuba

CA

Kmart

520 S Cherokee Lane

Lodi

CA

Kmart

1475 Hillman Street

Tulare

CA

Kmart

2785 Highway 46

Wasco

CA

Kmart

44 Providence Pike

Putnam

CT

Kmart

9600 San Jose Blvd

Jacksonville

FL

Kmart

500 Atlantic Blvd

Neptune Beach

FL

Kmart

1809 Byron Butler Parkway

Perry

FL

Kmart

7050 S Pulaski

Chicago

IL

Kmart

2721 N Vermillion Street

Danville

IL

Kmart

1150 W Carl Sandburg Dr

Galesburg

IL

Kmart

17355 Torrence Ave

Lansing

IL

Kmart

2909 Court St

Pekin

IL

Kmart

3840 46th Ave

Rock Island

IL

Kmart

3216 E Third Street

Bloomington

IN

Kmart

3525 Grantline Rd

New Albany

IN

Kmart

1320 E 30th Ave

Hutchinson

KS

Kmart

1809 N Dixie Hwy

Elizabethtown

KY

Kmart

4025 Poplar Level Rd

Louisville

KY

Kmart

3911 Taylorsville Rd

Louisville

KY

Kmart

1581 US 68 South

Maysville

KY

Kmart

344 North Mayo Trail

Paintsville

KY

Kmart

2985 Cottingham Expwy

Pineville

LA

Kmart

10 Main Street

Tewksbury

MA

Kmart

8171 W Houghton Lake Dr

Houghton Lake

MI

Super K*

21111 Van Born Rd

Taylor

MI

Kmart

11978 St Charles Rock Rd

Bridgeton

MO

Kmart

1930 E Kearney Street

Springfield

MO

Kmart

118 Highway 72 West

Corinth

MS

Kmart

2424 Central Ave

Billings

MT

Kmart

804 N Broad Street

Brevard

NC

Kmart

3580 East Franklin

Gastonia

NC

Kmart

2750 Roberts Avenue

Lumberton

NC

Kmart

10500 Centrum Parkway

Pineville

NC

Kmart

720 Sutter Creek Blvd

Rocky Mount

NC

Kmart

3001 West 12th

Hastings

NE

Kmart

838 South Road

Poughkeepsie

NY

Kmart

3049 W Ridge Rd

Rochester

NY

Super K

3315 N Ridge E

Ashtabula

OH

Kmart

1705 North Barron Street

Eaton

OH

Kmart

1825 North State Route 19

Fremont

OH

Kmart

2250 Harding Hwy

Lima

OH

Super K*

5350 Leavitt Road

Lorain

OH

Kmart

625 West Central Avenue

Springboro

OH

Kmart

2660 Constitution Blvd

Beaver Falls

PA

Kmart

8800 Frankford Ave

Philadelphia

PA

Kmart

3000 McIntyre Square Dr

Pittsburgh

PA

Kmart

1775 S Braddock Avenue

Pittsburgh

PA

Kmart

3045 Fifth Street Hwy

Reading

PA

Kmart

99 Matthews Drive

Uniontown

PA

Kmart

2209 West Dekalb

Camden

SC

Kmart

1000 18th St SW

Huron

SD

Kmart

2210 Broadway Avenue

Yankton

SD

Kmart

1802 Decatur Pike

Athens

TN

Kmart

945 McCammon Ave

Maryville

TN

Kmart

902 S Main Street

Sweetwater

TN

Kmart

11330 Montwood Dr

El Paso

TX

Kmart

1405 East Expressway 83

Mission

TX

Kmart

210 SE Georgia Ave

Sweetwater

TX

Kmart

1055 East Draper Pkwy

Draper

UT

Kmart

610 West Price River Dr

Price

UT

Kmart

1442 W 90th South

West Jordan

UT

Kmart

1275 Bell Avenue

Hartford

WI

Sears

700 Quintard Dr

Oxford

AL

Sears

600 S University Ave

Little Rock

AR

Sears

9501 Arlington Expy

Jacksonville

FL

Sears

5953 W Park Ave

Houma

LA

Sears

6810 Eastman Ave

Midland

MI

Sears

200 Medley Centre Parkway

Irondequoit

NY

Sears

60 Smithfield Blvd

Plattsburgh

NY

Sears

1377 Marion Waldo Rd

Marion

OH

Sears

101 Clearview Cir

Butler

PA

Sears

2500 W State St

New Castle

PA


7 posted on 04/21/2016 4:16:49 PM PDT by PAR35
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To: Olog-hai
I have bought exactly two items at a Sears in my life.

Still though, hate seeing all these businesses going out.

8 posted on 04/21/2016 4:18:50 PM PDT by riri (Obama's Amerika--Not a fun place.)
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To: PAR35

Hmm. The East Stroudsburg (PA) K-Mart isn’t on that list. The Mount Pocono location closed last summer.


9 posted on 04/21/2016 4:19:12 PM PDT by Olog-hai
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To: reaganaut

Pro shopping tip: Once I saw a price for a dozen eggs at walmart that defied belief (30 cents a doz). I took a pix with my smartphone and when the eggs rung up higher, I showed the clerk and got the displayed price.


10 posted on 04/21/2016 4:19:17 PM PDT by sportutegrl
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To: Olog-hai
List of the 154 Walmarts that are closing in the US

102 of which are the smaller Walmart Express types.

11 posted on 04/21/2016 4:20:35 PM PDT by deport
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To: Olog-hai

Sears is Americana to me.I’d much rather see Starbucks fold.


12 posted on 04/21/2016 4:20:48 PM PDT by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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To: riri

I used to buy all my work hand tools there.

Sure Snap on and stuff was better if you had chromed nuts (like for my cars and bikes, and I would use for that), but for work, they were pretty decent priced, and you could bend a wrench (which we often do using extensions) and sears used to replace them.

Now, they bend so easy, they are just junk, not worth it, and they don’t fit right so they round bolts out.

MAC tools is where I spend my money now if I need too, but I still have hundreds if not thousands of crafstman hand tools laying around in various boxes.


13 posted on 04/21/2016 4:22:03 PM PDT by Bubba Gump Shrimp (A Canadian... denying Americans the right to vote...but he's a principled constiutional conservative)
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To: riri

That’s a lot of people who were just barely hanging on, losing their jobs. Sears in many ways brought this on themselves, they were struggling even before online shopping started to hit retail hard. But, I hate to see it, still.


14 posted on 04/21/2016 4:22:52 PM PDT by RegulatorCountry
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To: Gay State Conservative

You’re not the only one.


15 posted on 04/21/2016 4:25:14 PM PDT by Olog-hai
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To: PAR35

That is a slightly different list and there may be a few more. Our Kmart isn’t on that list but I have been told its closing and that Hobby Lobby is already set to take over the property (anchor store in a very small mall)


16 posted on 04/21/2016 4:27:28 PM PDT by reaganaut (Bible Scholars, Theologians and Evangelicals for Trump)
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To: Olog-hai

Get rid of the stench of tires from the clothes area for starters!

I cant STAND the smell of a sears store, but LOVE many of their non clothing products.


17 posted on 04/21/2016 4:32:17 PM PDT by TexasFreeper2009 (You can't spell Hillary without using the letters L, I, A, R)
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To: Gay State Conservative

I am saddened by their decline too. More than any other company they invented modern retail. With a catalogue and mail order a person in a small town on the grear plains could buy the same things a person in New York could buy.


18 posted on 04/21/2016 4:32:38 PM PDT by Vince Ferrer
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To: Olog-hai

And this is the lowest unemployment since 1973.

Yeah, right.


19 posted on 04/21/2016 4:35:29 PM PDT by TomGuy
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To: Vince Ferrer

We lived in rural Florida.

I particularly remember Mother ordering clothes etc. before school started. This was around 1951. When the package came we all could not wait to open it and see what everyone got.


20 posted on 04/21/2016 4:38:12 PM PDT by yarddog (Romans 8:38-39, For I am persuaded.)
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