Thursday, 5 January 2017

Sears is closing 150 stores — here's the full list

quote [ Sears announced a second wave of store closures on Wednesday, bringing the total number of closures scheduled for early 2017 to 150.

The company will shut down 108 Kmart stores and 42 Sears stores by April, according to an internal document obtained by Business Insider. ]

Seems like Macy's is closing stores too.

http://www.cnbc.com/2017/01/04/here-are-68-of-the-100-stores-that-macys-will-close.html
[SFW] [business] [+4 Informative]
[by vintuk]
<-- Entry / Comment History

midden said @ 5:59am GMT on 5th January
The Kmart experience in my region has always sucked. They're just depressing places to be, and they smells funny. Sears, though, has always be a pleasant, middle of the road, nothing flashy place to buy Levi's, shop-vacs, socks and underwear, etc. And the catalog they sent every year when I was a kid was the size of a freaking phonebook. Um, you know, back when there were still phonebooks. I'd spend hours pouring through that thing, fantasizing about .22 rifles, ten-speed bicycles, model rockets and tools to build a secret tunnel under the playhouse in the back yard.

midden said @ 6:03am GMT on 5th January
The Kmart experience in my region has always sucked. They're just depressing places to be with lousy service, crappy merchandise and they smell funny. The stores, not the people. Well, probably the stores and the people.

Sears, though, has always be a pleasant, middle of the road, nothing flashy place to buy Levi's, shop-vacs, socks and underwear, etc at a reasonable price. And the catalog they sent every year when I was a kid was the size of a freaking phonebook. Um, you know, back when there were still phonebooks. I'd spend hours pouring through that thing, fantasizing about .22 rifles, ten-speed bicycles, model rockets and tools to build a secret tunnel under the playhouse in the back yard.

It seems like Target is crowding Sears out of the middle-class market on the East coast.



<-- Entry / Current Comment
midden said @ 5:59am GMT on 5th January
The Kmart experience in my region has always sucked. They're just depressing places to be with lousy service, crappy merchandise and they smell funny. The stores, not the people. Well, probably the stores and the people.

Sears, though, has always be a pleasant, middle of the road, nothing flashy place to buy Levi's, shop-vacs, socks and underwear, etc at a reasonable price. And the catalog they sent every year when I was a kid was the size of a freaking phonebook. Um, you know, back when there were still phonebooks. I'd spend hours pouring through that thing, fantasizing about .22 rifles, ten-speed bicycles, model rockets and tools to build a secret tunnel under the playhouse in the back yard.

It seems like Target is crowding Sears out of the middle-class market on the East coast.




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