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Here’s a list of the 80 new store closures Sears has announced
MarketWatch ^ | December 28, 2018 | Tonya Garcia

Posted on 12/28/2018 6:47:14 PM PST by 2ndDivisionVet

Sears, which is struggling to stay alive, announced more stores will shutter

Time could be running out for Sears Holding Corp., but in the meantime the bankrupt retailer continues to announce store closures.

Sears SHLDQ, -2.24% will shutter 80 stores by late March 2019, with liquidation sales starting in two weeks. Accompanying Sears Auto Center locations will be closing as well....

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Local News
KEYWORDS:
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To: Boowhoknew

Here.

http://www.freerepublic.com/focus/f-chat/3715807/posts


21 posted on 12/28/2018 7:31:34 PM PST by Mears
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To: mdittmar

“I remember sitting at the lunch counter at a Woolworth’s;)”

I remember working at the lunch counter at
a Woolworth’s. I was young, and it was fun.


22 posted on 12/28/2018 7:33:30 PM PST by MayflowerMadam (Great things never come from comfort zones.)
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To: VeniVidiVici

In the ‘80s we built two houses in Alaska. All of our major appliances were ordered through the Sears catalog. Since they did away with the catalog I lost interest in Sears.


23 posted on 12/28/2018 7:37:50 PM PST by MayflowerMadam (Great things never come from comfort zones.)
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To: 2ndDivisionVet

They brought it on themselves.


24 posted on 12/28/2018 7:41:22 PM PST by redfreedom (.)
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To: MayflowerMadam
It was fun,polite people shopping downtown,then having lunch with their kids.
25 posted on 12/28/2018 7:43:27 PM PST by mdittmar
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To: Jane Long
JC Penneys seems to be doing okay. I see their TV ads, nonstop.

They are also circling the drain. Look at what happened to their stock (NYSE:JCP) in the last year.

26 posted on 12/28/2018 7:45:32 PM PST by 17th Miss Regt
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To: Elderberry

And I remember the downtown Woolworth’s had quite a gun section. .......................................... Circa 1988 Woolworths in Schenectady NY, M-1 Garand @ $299.00.


27 posted on 12/28/2018 7:46:55 PM PST by Bringbackthedraft (What is earned is treasured, what is free is worth what you paid for it.)
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To: mdittmar

I quit ordering from Sears catalog a long time ago. I sent in 3 orders and all they sent me was the swimsuits.


28 posted on 12/28/2018 7:47:03 PM PST by oldasrocks
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To: OldMissileer

All the Woolies lunch counter food was pretty good I thought


29 posted on 12/28/2018 7:49:49 PM PST by Phil DiBasquette
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To: oldenuff35
"When they bought out Kmart"

Nov 17, 2004 ... NEW YORK (CNN/Money) - Kmart is buying Sears, Roebuck & Co. for $11 billion in a deal that will marry two of the nation's oldest retailers that ...

30 posted on 12/28/2018 7:53:21 PM PST by matthew fuller (https://patriotpost.us/alexander/13407-the-battle-of-athens-tennessee)
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To: eyedigress
He gets the real estate.

He's already gotten the real estate - a little over 2 years before filing the bankruptcy. (For those who don't read the bankruptcy code on a regular basis, the two year gap is significant. Section 548.) He's also one of the biggest secured creditors.

31 posted on 12/28/2018 7:53:25 PM PST by PAR35
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To: Bringbackthedraft
And I remember the downtown Woolworth’s had quite a gun section. .......................................... Circa 1988 Woolworths in Schenectady NY, M-1 Garand @ $299.00.

And they had a long rack full of them. I should of bought mine back then. I picked up 2 from CMP, but not for $299.

32 posted on 12/28/2018 7:55:05 PM PST by Elderberry
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To: PAR35

I discussed this with folks who have been around since the 70’s with SEARS.

This guy came in with one goal. Reap the rewards of the giant. He won.


33 posted on 12/28/2018 7:58:41 PM PST by eyedigress ((Old storm chaser from the west))
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To: PAR35

Anything outside of a mall is super prime. Every major city.


34 posted on 12/28/2018 8:01:43 PM PST by eyedigress ((Old storm chaser from the west))
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To: 17th Miss Regt

Guess they’re spending their last $$ on TV ads.

JCPenney moves to the clearance racks as it becomes a penny stock

http://www.freerepublic.com/focus/f-news/3715938/posts


35 posted on 12/28/2018 8:01:54 PM PST by Jane Long (Praise God, from whom ALL blessings flow.)
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To: eyedigress

The biggest surprise was that he ran it as long as he did. He bought KMart out of bankruptcy for the real estate value, and quickly monetized that, then bought Sears. Some folks thought he’d run through that like he did the good KMart assets. But he put 10 years into trying to keep the chain running. So this wasn’t your typical investment banker looting.

Looks like he may be willing to take one more round with a few hundred stores. I can’t see where the pleasure is worth the pain at this point. Maybe nostalgia on his part.


36 posted on 12/28/2018 8:06:59 PM PST by PAR35
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To: PAR35

He paid 20% for K-Mart.

He sold an idea that they would prosper.

I doubt he had been in a K-mart in his life.

Sears screwed the pooch by letting Home Depot destroy them.

Nobody buys clothes at Sears.


37 posted on 12/28/2018 8:12:01 PM PST by eyedigress ((Old storm chaser from the west))
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To: Jane Long

JC Penney’s stock is now $1 / share...


38 posted on 12/28/2018 8:13:45 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: 2ndDivisionVet

39 posted on 12/28/2018 8:14:53 PM PST by Baynative ("A man is not old until regrets take the place of dreams." - John Barrymore)
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To: grey_whiskers

JC Penny could come back if they focus on clothes.

Get off the gay thing and sell quality.


40 posted on 12/28/2018 8:17:15 PM PST by eyedigress ((Old storm chaser from the west))
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