Despite hundreds of shuttered stores in recent years, ailing department store operator Sears Holdings will shut down 63 more Sears and Kmart stores, the latest step as it hobbles to a likely bankruptcy.
- Eight of the 11 Kmart stores left in Michigan will close, the company announced this week. RELATED: Sears and Kmart closing 26 more storesAfter the closures, the Kmart stores in Marshall, Waterford Township and Warren will be the only remaining locations. Copyright 2019 by WDIV ClickOn...
Kmart declined to name the potential tenant in court filings, but people familiar with the operation say Sears officials have been in Michigan looking to turn at least some of the former Big O locations into Sears Auto Cen...
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to Bluefield, West Virginia. It's also said to be shutting down its location at the massive King of Prussia Mall near Philadelphia. The states with the most closures are Pennsylvania, Michigan and Indiana, with eight Sears Holdings locations closing in each of those states, the report notes....
Edward Nakfoor, a consultant in Michigan, observed, “This makes sense because of Sears Grand. It is the best strategy to compete with Wal-Mart and Target, and the nimble Kohl’s and Meijer’s, as well as the growth of lifestyle centers vis-à-vis regional malls. It would be u...
stores.In an email to CBS MoneyWatch, Sears Holding spokesman Howard Riefs said the number of store closings and list of closures "isn't accurate," but added that the retailer is "adjusting our physical footprint to focus on our best performing locations." The retailer will provide an ...
The first 25 units will be converted this spring in 12 states including Arizona, California, Florida, Illinois, Kentucky, Maryland, Michigan, New Hampshire, New Jersey, Pennsylvania, Tennessee and Virginia. Sears purchased the 50 Kmart units and six Wal-Mart locations last year.Wolf...