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Posted: 4/21/2016 9:19:06 PM EDT
NEW YORK (AP) — Sears Holdings Corp. will close another78 stores —68 Kmart units, and 10 Sears stores — as it looks to restore profitability.

That accounts for about 5 percent of its store base, which is nearly 1,700 stores.

The ailing company, based in Hoffman Estates, Illinois, had said in February that it would accelerate the closing of unprofitable stores following a "challenging" holiday season. The move announced Thursday is expected to generate a "meaningful level" of cash from the liquidation of store inventories and from the sale or sublease of some of the related real estate, it said Thursday.

All 10 Sears stores and nearly all the Kmart stores will close in late July. Two Kmart stores will close in mid-September.

https://www.yahoo.com/finance/news/sears-close-68-kmart-10-214651539.html
Link Posted: 4/21/2016 9:20:11 PM EDT
[Last Edit: 4/21/2016 9:20:31 PM EDT by azjeeper]
Kmart too....that's what I've heard.....

Link Posted: 4/21/2016 9:21:06 PM EDT
K mart is still around ?
Link Posted: 4/21/2016 9:21:31 PM EDT
Amazon
Link Posted: 4/21/2016 9:23:27 PM EDT
Link Posted: 4/21/2016 9:24:04 PM EDT
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Originally Posted By EvanWilliams:
K mart is still around ?
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Not for long
Link Posted: 4/21/2016 9:31:23 PM EDT
No one's been inside a Sears in the last 10 years.  No one.  

Link Posted: 4/21/2016 9:33:38 PM EDT
Link Posted: 4/21/2016 9:33:57 PM EDT
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Originally Posted By Justa_TXguy:
No one's been inside a Sears in the last 10 years.  No one.  

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I can't remember the last time I darkened the door of a Sears.
Link Posted: 4/21/2016 9:35:52 PM EDT
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Originally Posted By EvanWilliams:
K mart is still around ?
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Our last Kmart is on the list.

Havent been in that store in years.  I really have no idea how it was even still open.
Link Posted: 4/21/2016 9:37:02 PM EDT
I worked there (Sears) in the 1980s as a teen.  I could not get over the MASSIVE amount of theft by the guys who ran the loading dock.  They did not have cameras down there, so their friends would back a small truck into the dock, and they would load it up with VCRs, exercise equipment, etc.  It was nuts.  I'm surprised they are still around at all.



Eric  
Link Posted: 4/21/2016 9:38:05 PM EDT
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Originally Posted By anothergene:

Too bad they had Marlin 60s for under $80 and tons of .22 ammo I used to purchase.

Oops, I still have some Squires Bingham .22s from there.
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Originally Posted By anothergene:
Originally Posted By azjeeper:
Originally Posted By EvanWilliams:
K mart is still around ?

Not for long

Too bad they had Marlin 60s for under $80 and tons of .22 ammo I used to purchase.

Oops, I still have some Squires Bingham .22s from there.

You're living on the 60's man!
Link Posted: 4/21/2016 9:38:36 PM EDT
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Originally Posted By Eric_Mayer:
I worked there (Sears) in the 1980s as a teen.  I could not get over the MASSIVE amount of theft by the guys who ran the loading dock.  They did not have cameras down there, so their friends would back a small truck into the dock, and they would load it up with VCRs, exercise equipment, etc.  It was nuts.  I'm surprised they are still around at all.

Eric  
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A lot of retailers loose huge amounts from theft from their workers.
Link Posted: 4/21/2016 9:41:37 PM EDT
Link Posted: 4/21/2016 9:41:41 PM EDT
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By anothergene:

Too bad they had Marlin 60s for under $80 and tons of .22 ammo I used to purchase.

Oops, I still have some Squires Bingham .22s from there.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By anothergene:
Originally Posted By azjeeper:
Originally Posted By EvanWilliams:
K mart is still around ?

Not for long

Too bad they had Marlin 60s for under $80 and tons of .22 ammo I used to purchase.

Oops, I still have some Squires Bingham .22s from there.


Ted Williams baseball gloves and Ted Williams shotguns
Link Posted: 4/21/2016 9:42:41 PM EDT
Link Posted: 4/21/2016 9:42:51 PM EDT

Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Arcadiasix:
A lot of retailers loose huge amounts from theft from their workers.
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Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Arcadiasix:



Originally Posted By Eric_Mayer:

I worked there (Sears) in the 1980s as a teen.  I could not get over the MASSIVE amount of theft by the guys who ran the loading dock.  They did not have cameras down there, so their friends would back a small truck into the dock, and they would load it up with VCRs, exercise equipment, etc.  It was nuts.  I'm surprised they are still around at all.



Eric  







A lot of retailers loose huge amounts from theft from their workers.




 
It would have been cheaper to hire a manager to sit at the dock during open hours.  




Eric  
Link Posted: 4/21/2016 9:43:03 PM EDT
That really sucks for the "I bought my lifetime warranty with Craftsman" people.
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