Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Algernon Moncrieff

(5,790 posts)
Thu Apr 21, 2016, 11:12 PM Apr 2016

List of Sears, Kmart stores closing across the U.S.

Full list at link WFAA

The following are Sears and Kmart stores that will be closing, according to a statement Thursday from the department stores' parent company, Sears Holdings (SHLD).

Closing Sears stores start their liquidation sales April 29 and the closing Kmarts start their liquidation sales May 12. The stores will close in late July, except those marked with an asterisk (*), which close in mid-September.



78 Sears, Kmart stores to close; see the list

http://www.wfaa.com/money/78-sears-kmart-stores-to-close-see-the-list/147799701

Trying to cut its way to profitability, troubled Sears Holdings announced Thursday that it will close 68 Kmart and 10 Sears stores this summer in its latest move to cut losses.

Sears (SHLD) move (see the list of the stores) comes atop a previous announcement that it will close 50 other stores. Sales have been falling and Sears had a disappointing holiday sales season.

"The decision to close stores is a difficult but necessary step as we take aggressive actions to strengthen our company, fund our transformation and restore Sears Holdings to profitability," said Sears Holdings CEO Edward Lampert in a statement.

All of the Sears stores and nearly all of the Kmart stores will close in late July, the retailer said. Two Kmart stores will close in mid-September. The closing Kmart and Sears stores will hold liquidation sales starting May 12 and April 29.


4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
List of Sears, Kmart stores closing across the U.S. (Original Post) Algernon Moncrieff Apr 2016 OP
local k mart is closing dembotoz Apr 2016 #1
I bet they took on a butt load of debt. to buy Kmart n/t TexasBushwhacker Apr 2016 #2
Sears has been anayzed to death, but apparently the board is still... TreasonousBastard Apr 2016 #3
heard somthing that the leadership had sort of an ayn rand philosophy that did not do well dembotoz Apr 2016 #4

dembotoz

(16,808 posts)
1. local k mart is closing
Thu Apr 21, 2016, 11:24 PM
Apr 2016

i think it is the only big box in that town

sort of out of the way for me
would go there on occasion

too damn bad

TreasonousBastard

(43,049 posts)
3. Sears has been anayzed to death, but apparently the board is still...
Fri Apr 22, 2016, 12:11 AM
Apr 2016

assholes maximizing short term profits. Nobody running the how has a selling background.

My local K-Mart is losing vast amounts of sales to Target and Wal-Mart, even when it has better merchandise at cheaper prices. Really, I've done comparisons, and K-Mart is just avoided.

Why, you might ask? Well, the first problem is that the store is dingy. Even dollar stores know that a fresh coat of paint is worth it, and Target has just the right lighting and display style to keep people in there. BJ's next door to the K-Mart is kinda dingy, but it's by design, not just looking like they can't afford the paint. BJ's is even kicking Costco's ass. When Costco first opened, i was sure they were going to put everyone out of business, but I dropped my membership and now the parking lot is empty most of the time. But that is another story of retail horror.

Merchandise is OK, but rarely changes much. The buyers seem stoned.

And, the local K-Mart recently closed down its weekly flyer-- costs too much, they say. A retail store without a weekly sales flyer? Odd, and the store stays empty, but they're not wasting money on that flyer...

This is even before Amazon and other online giants are stealing everyone's sales. Sears virtually invented home shopping ages ago, but the assholes running it now are running it like a schlock shop and aren't even trying.

dembotoz

(16,808 posts)
4. heard somthing that the leadership had sort of an ayn rand philosophy that did not do well
Fri Apr 22, 2016, 12:13 AM
Apr 2016

or some such

sears was THE retail instituion

actually bought a washer from them a couple months back.

online quite the deal

very happy with it

Latest Discussions»General Discussion»List of Sears, Kmart stor...