Sears lists the stores it will close
Here are the 79 locations the company plans to shutter, with more likely to be announced.
This is only a partial list. The company said it will shutter as many as 120 stores, and it presumably will announce more locations in the next year.
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The list comes as credit ratings agencies turn their spotlights on Sears and its dismal financial conditions. Fitch downgraded Sears to "CCC" from "B," and said the company's liquidity will likely be "inadequate" next year, with a heightened risk of restructuring. Standard & Poor's is reviewing Sears for a possible downgrade.
Will the store closures be enough to help Sears avoid downgrade?
Here's the list of the closures announced so far, grouped by state. The company did not say when the stores would close or how many employees will lose their jobs.
Three stores to close: Sears in Mobile; Kmarts in Auburn and Gadsden.
Three stores to close: Sears in El Monte and two in San Diego.
Three stores to close: Sears in Longmont; Kmart in Broomfield and Glenwood Springs.
11 stores to close: Sears in Crystal River, Deland, Port St. Lucie, Stuart, West Palm Beach; Kmart in Callaway, Fernandina Beach, New Smyrna Beach, Orange City, Pompano Beach and St. Augustine.
Six stores to close: Sears in Macon; Kmart in Atlanta, Buford, Columbus, Douglasville and Jonesboro.
One store to close: Sears in Lewiston.
Three stores to close: Sears in Anderson; Kmart in Indianapolis and St. John.
Two stores to close: Kmart in Cedar Rapids and Davenport.
One store to close: Sears in Lawrence.
Three stores to close: Sears in Middleboro; Kmart in Hazard and Winchester.
One store to close: Sears in Ellicott City.
Six stores to close: Sears in Adrian, Brighton, Chesterfield Township, Harper Woods, Monroe and Washington Township.
Four stores to close: Kmart in Duluth, New Hope, White Bear Lake and Willmar.
Three stores to close: Sears in Columbus, Jackson and McComb.
Two stores to close: Sears in Lee’s Summit and St. Louis.
Two stores to close: Sears in Keene and Nashua.
Four stores to close: Sears in High Point, Morehead City, Rocky Mount and Statesville.
Six stores to close: Kmart in Chagrin Falls, Columbus, Medina, Springfield and two in Toledo.
One store to close: Sears in Roseburg.
Two stores to close: Sears in Pottstown and Upper Darby.
One store to close: Sears in Sumter.
Four stores to close: Sears in Antioch, Cleveland, Oak Ridge; Kmart in Hendersonville.
Three stores to close: Sears in Norfolk; Kmart in Midlothian and Richmond.
Two stores to close: Sears in Walla Walla; Kmart in Lacey.
Two stores to close: Sears in West Baraboo; Kmart in Rice Lake.
K-Mart just needs to do some updating of their stores like Target has or Walmart. That's is part of the problem why they are falling behind I think. I also see they could drop their prices on a few of their items like my contact lens solution is cheaper at Walmart and Target compareably. Sears is still a great store for TV's, household appliances, automotive tools, and other utility tools in general.
I like that they still have layaway programs available. To me that would be a big draw for their store.
They are an AMERICAN trademark that has been around for years.
My one and only blackmark on my credit report (which has since "died of old age" came from Sears when I was deployed to Saudi for Desert Shield. It took a full month for my mail to catch up with me, and by the time it (almost) did, I was pulled out of there and came back stateside. It took another month for the rest of my mail to catch up with me. I asked Sears (politely) to remove the derogatory comments on my report due to those circumstances. They responded by saying since I came back to the states the Soldiers & Sailors Civil Relief Act didn't apply to me, and they weren't going to remove the negative comment. I responded and told them that I was sending a check to pay off my account, and I would NEVER set foot inside a Sears store.
I have outlived that black-mark, and Sears has since filed for bankruptcy, been bought and sold, and is dying the slow painful agonizing death of a company who forgot that the customers are the ones who keep them in business. Piss enough of us off, and you will go the way of the dinosaur. WINNING!!!
After nearly 19 years working at Walmart and watching all the evolving, those looking for the cheapest price have helped to create the Walmart monopoly. Walmart is now more than ever bare bones with the hourly associates that have made them who they are. Respect for the INDIVIDUAL?? What a laugh. Hard working dedicated associates are no more than a disposable body. Respect for anyone or anything? non-existent. Walmart's formula is to consume and to control. Consume our choices of mom and pop's as well as any retailer appearing to be a competitor. Once dominating the prices go up and up. Walmart "sales" do not exist. It is everyday low prices. If you really want to save money utilize sale prices at a competitor off setting the higher regular shelf prices. Shopping around lessens Walmarts monopoly. A great deal of our financial instability Walmart had a hand in. From Squeezing suppliers down to the last dime, forcing them to move manufacturing over seas to make a profit. To contracting with over seas sweat shop products providing 40%-70% markup. Walmart heirs???? All in the top ten Billionaires in the country. I bet not one of them unloaded a semi truck or couldn't buy groceries when they were sent home during their scheduled shift because hours were being cut. Low and middle class who can afford the least pay the most. More than 70% of my former co-workers receive some type of government assistance because you must have open availability( available anytime) but you will only get 20 hours of work. Before you spend your hard earned money, who do you want to benefit from it? China? Walton heirs? Who do you want to hurt from it? Mom and pop's. Genuine retailers trying to sell at a fair price? Our neighborhoods and communities with more lost jobs? Is it really worth the FEW cents you save?
China will overtake this country without a shot fired because of people's never-ending love- affair with stores like Walmart and Harbor Freight ...stores that have made the exploitation of cheap Chinese labor their #1 priority.
That is a terrible thing along with many more unemployment with rise again but i do have an idea ?????
Lets take some of these buildings they shut down and make manufacturing buildings and lets start to make our products here in the USA instead of foreign country's like China it will make more jobs and start a whole trend to these buildings instead of making condos make factories even if they are government operated i would not mind if they but their noses in this ...
Lets build in USA again ...
Example: Wal-Mart can sell a pillow for 15.99 we can make the same product here for like 2-4 bucks there is plenty of gross margin i've looked at thousand of products like this one and the way they make them over seas there like disposable products can someone hear me ...
Make USA products...
Their biggest mistake was closing their Catalog division just as the Internet was coming into existance.
They had all that mail-order experiance and facilities, and threw it away just as brick and mortar started to decline, and the Amazon was a river in South America.
If you have ever worked for Sears, I think you'll understand where I am coming from. Sears is not the same company as it was roughly 10 years ago. Cut back after cut back have been made since the merger. I really do not understand the business ethics. I mean, why bring the Kardashian Collection in at rediculously high prices when the private labels are not selling at sale prices. Many labels only leave the doors either at or below cost. That should be a red flag to them to get in there and find out what the buyers are doing and research the vendor.
They can not keep quality people working for them when they insist on only paying them the bare minimum. Poor pay=poor quality employees=poor customer service. The human in the store behind the counter is the one that customer sees and their actions leave a lasting impression. So, pay these people what they worth so they will enjoy coming to work and enjoy seeing and helping the customer. Put quality managment in the stores and service departments and hold them accountable for their actions instead of just giving them a slap on the wrist. If they can't do the job to keep the customer satified and the people happy all while making money, put someone in there that will.
BUY AMERICAN will fix are economy,,,its so simple,we are in decline because outsourcing. The same people who sold us out are now crying about lost sales. We the people have no jobs so we cant buy the junk made in China .We need to put the USA first and stop the RED CHINESE ripping us of f.We are already in a trade war with China and China is winning because we refuse to fight back. TARIFF RED CHINA and BUY AMERICAN>
This christmas I was forced to shop at Wal-Mart for a gift for my wife. I did however in my defense look at the other stores as well as some extremely high priced jewelry stores. Do you all remember when Wal-Mart was all about Made In America? Sam Walton was an awesome person, his daughter messed up the whole persona they had.
For those of us that want to shop the little guy have been forced to shop the box. When I go to do any home improvements to my home, I always try to go to the little guys like Ace before I go to any others. People don't seem to care about customer service any longer. Customer service alone will make me shop a higher priced store any day.
It saddens me to see boarded up store fronts of places I have shopped for 30+ years. There are a couple of sears in my area that fortunately have dodged the axe. Sears has always been a place for quality items. Kmart has always been a place to by your clothes at a decent price.
We are putting ourselves in this situation as American consumers. Do you remember the movie "Demolition Man" where all stores where called "Taco Bell"? We are well on our way to "Wal-Mart" being the only name out there. I HATE WAL-MART.
To the dumb??? that made the comment about them closing only southern stores and it being because of all the "honkees", Try again dumb??? Epic Fail on your part, take your delusional ideas of anything and keep them to yourself.
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