Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Site Notices
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
[#1]
Kmart too....that's what I've heard.....

Link Posted: 4/21/2016 9:21:06 PM EDT
[#2]
K mart is still around ?
Link Posted: 4/21/2016 9:21:31 PM EDT
[#3]
Amazon
Link Posted: 4/21/2016 9:23:27 PM EDT
[#4]
Link Posted: 4/21/2016 9:24:04 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
K mart is still around ?
View Quote

Not for long
Link Posted: 4/21/2016 9:31:23 PM EDT
[#6]
No one's been inside a Sears in the last 10 years.  No one.  

Link Posted: 4/21/2016 9:33:38 PM EDT
[#7]
Link Posted: 4/21/2016 9:33:57 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
No one's been inside a Sears in the last 10 years.  No one.  

View Quote


I can't remember the last time I darkened the door of a Sears.
Link Posted: 4/21/2016 9:35:52 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
K mart is still around ?
View Quote



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
[#10]
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
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

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
Quoted:
Quoted:
Quoted:
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
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
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  
View Quote



A lot of retailers loose huge amounts from theft from their workers.
Link Posted: 4/21/2016 9:41:37 PM EDT
[#13]
Link Posted: 4/21/2016 9:41:41 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

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
Quoted:
Quoted:
Quoted:
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 9:42:51 PM EDT
[#16]

Discussion ForumsJump to Quoted PostQuote History
Quoted:
A lot of retailers loose huge amounts from theft from their workers.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:



Quoted:

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
[#17]
That really sucks for the "I bought my lifetime warranty with Craftsman" people.
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top