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Sears Holdings plans to close 63 more money-losing stores as the department-store chain tries to stem the bleeding from its long-running decline in sales.
More than 100 Kmart and Sears stores will close by the end of 2019 and more closures are expected to continue into early 2020.
After declaring bankruptcy and being acquired by Transformco in 2019, the number of Sears stores in America would deplete throughout the years, with the latest closures happening at the end of 2024.
The last-standing Sears in the New York area is shutting down, bringing the 138-year-old department store's US footprint down to a measly 12 locations.
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Vacant Sears locations get new life in a way people will loveBut now, one abandoned Sears location is getting a facelift. A long-vacant former Sears store in Mesquite, Texas will soon be occupied by popular family entertainment center Main Event.
Roughly 100 Sears Hometown locations are permanently closing in the coming weeks, representing roughly half of its remaining retail footprint.
Two Kmart stores and one Sears store in Massachusetts will close in the coming weeks, as the company closes stores that it says have struggled with their financial performance for years.
Sears will shut the doors on its last department store in Illinois come fall; the state in which its first retail store opened in 1925.
Sears Holdings announced Thursday that 11 Kmarts and 29 Sears locations will shut their doors in February.
The talk of Sears’ demise may be premature: just two months ago, a previously shuttered Sears in Burbank quietly turned the lights back on. Two weeks after that, another reopened in Washington.
In 2005, there were nearly 3,500 Sears and Kmart stores across the United States. But that number has dwindled to 22 Sears locations nationally. One of those stores is in Massachusetts. It’s ...
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