“I was shocked. We knew the store was going to close sometime, but they kept telling us it wasn’t going to happen until later.”-unnamed Sears employee
19 February 2013, reports out of Hawaii saying that the employees at the Honolulu Sears were just told (on 18 February 2013) their store will shut down in June. Local media sources say the June closing date is several months ahead of what they were told back in November. I reported on 31 January 2013, that the flagship money making Sears store was being closed soon.
The huge Sears store/auto center employees 372 people!
Local Hawaii media stuck with a Sears Holdings’ claim, back in November, that the store would stay open through 2013, closing in early 2014. The problem is that Sears Holdings does not own the store! They sold the store at the beginning of 2012 to General Growth Properties (GGP). GGP has been closing down most of the eleven stores they bought (except for the one in Utah, because they cut a deal on the lease).
Hawaii media also stating that GGP revealed (also in November) that the Sears store would be turned into smaller retail spaces, get this, beginning in 2013, in direct contradiction to the Sears Holdings’ statement.
This is a clear case of store employees, and the local media, relying on info from the wrong ‘official source’. They were relying on info from Sears Holdings which did not apply in this case because the store was actually owned by GGP (never mind the fact that Sears Holdings hasn’t been reliable, also I’ve worked for GGP at one of their Idaho malls and know what stupid corporate decisions they are capable of).
There have been growing complaints by customers that Sears/Kmart is not honoring their ShopYourWay rewards program. Also, growing reports that advertised items are not actually in stock, customers are then pushed to buy something else. Is it the old bait-n-switch, or are they just not ordering new inventory?
Back in 2010 Sears Holdings sold $250 million USD worth of bonds to its own retirement plan. Such a move is considered a desperate attempt by a company in trouble to raise cash, on paper anyway.
Recently Sears issued a $5 “Thank you” coupon. If you bought $25 worth of stuff you got $5 off. The problem was that the list of “restrictions” was so long many people didn’t bother.
Also, a man in Florida made the dumb move of taking his SUV to get an oil change at Sears (I worked in a Sears automotive shop in California back in the late 1980s, right before it was proven they were ripping people off on brake jobs). He claims the Sears employee got in his SUV and then rammed it into a wall: “The Sears auto worker gets in the vehicle, literally, it looks like slams on the gas and hit a truck lift and a concrete wall with the vehicle. It was surreal. I didn’t believe it happened.”-Dan Lindeman
Sears refused to pay for damages: “He told me you just need to pay for these repairs out of your pocket and then sue us or you need to call your insurance company.”
The trusting victim, Dan Lindman, did what Sears told him; he and his insurance provider (Farmer’s) actually paid for repairing the damages caused by Sears! At last check, Farmer’s said Sears made a payment offer but it was too low and Farmers rejected the offer.
Refusing to honor rewards points, selling bonds to their own retirement plan, issuing coupons with restrictions that make it almost impossible to use, and refusing to pay for damages caused by employees: Sure signs of a company going down.
Here’s my updated list of store closings since the end of 2011:
Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.
Alabama: Gadsden Kmart (50 jobs lost), Mobile Sears (at least 40 jobs lost), Auburn Kmart (at least 40 jobs lost), Anniston Kmart (no word yet on how many jobs lost).
California: El Monte Sears (at least 40 jobs lost. Damien Arrula, El Monte’s economic development director, said the store manager had lied about what was going on: “The general manager of the store had just indicated to me that they were remodeling.”), two San Diego Sears (at least 80 jobs lost), Pleasant Hill Kmart (more than 50 jobs lost).
Colorado: Broomfield Kmart (at least 40 jobs lost), Glenwood Springs Kmart (at least 40 jobs lost), Lone Tree Sears/Great Indoors, Longmont Sears (at least 40 jobs lost), Pueblos’ South Side Kmart (52 jobs lost), Denver Kmart (number of jobs lost have not been made public at this time, but could be at least 40).
Georgia: Macon Sears (at least 40 jobs lost), Buford Kmart (at least 40 jobs lost), Douglasville Kmart (at least 40 jobs lost), Atlanta Kmart (at least 40 jobs lost), Columbus Kmart (at least 40 jobs lost), Jonesboro Kmart (at least 40 jobs lost), Cartersville Kmart (74 jobs lost).
Guam: Sears Hometown Store.
Florida: Fernandina Beach Kmart (at least 40 jobs lost), Callaway Kmart (at least 40 jobs lost), Orange City Kmart (at least 40 jobs lost), Deland Sears (at least 40 jobs lost), Stuart Sears (at least 40 jobs lost), West Palm Beach Sears (at least 40 jobs lost), Port St. Lucie Sears (at least 40 jobs lost), Crystal River Sears (at least 40 jobs lost), New Smyrna Beach Kmart (at least 40 jobs lost), Saint Augustine Kmart (at least 40 jobs lost), Pompano Beach Kmart (at least 40 jobs lost), Jacksonville Kmart on 5751 Beach Boulevard (71 jobs lost), second Kmart in Jacksonville on 4645 Blanding Boulevard (83 jobs lost), Ocoee Sears (102 jobs lost), Pensacola Kmart on Airport Boulevard closed in 2011, Pensacola Kmart on Mobile Highway closed on 03 February 2013 (69 jobs lost), Hialeah Kmart (67 jobs lost).
Hawaii: Honolulu Sears (owned by GGP, 372 jobs lost!!!).
Idaho: Lewiston Sears (at least 60 jobs lost).
Indiana: Anderson Sears (at least 40 jobs lost), Saint John Kmart (at least 40 jobs lost), Indianapolis Kmart (at least 40 jobs lost).
Illinois: Alton Sears (at least 40 jobs lost), Melrose Park Sears parts and repair center (50 jobs lost), Zion Kmart (at least 40 jobs lost), Oak Lawn Kmart (at least 40 jobs lost), McHenry Kmart (at least 40 jobs lost), Peru Kmart (at least 40 jobs lost), Lombard Sears/Great Indoors (at least 40 jobs lost), Fairview Heights Kmart (81 jobs lost), Freeport Kmart (45 jobs lost), Pontiac Kmart (more than 47 jobs lost), Homer Glen Kmart (82 jobs lost), Streator Kmart (45 jobs lost), Lombard Kmart (70 jobs lost). Naperville Kmart (98 jobs lost). By the way, Illinois elected officials gave Sears Holdings/Hoffman Estates a $150 million USD tax break to keep their headquarters in the state. The tax break was not tied to any promise not to close stores.
Iowa: Cedar Rapids Kmart (at least 40 jobs lost), Davenport Kmart (at least 40 jobs lost), Burlington Kmart (50 jobs lost), Coralville Sears (94 jobs lost, this is a store sold to GGP earlier in the year).
Kansas: Lawrence Sears (at least 40 jobs lost).
Kentucky: Middlesboro Sears (in September 2012 the Sears store re-opened under independent ownership, official grand re-opening scheduled for November), Winchester Kmart (back in May, Rankin Paynter bought out what was left of the inventory and gave it to charity), Hazard Kmart (at least 40 jobs lost).
Maine: Lewiston Sears (60 to 70 jobs lost).
Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors.
Michigan: Novi Sears/Great Indoors, Brighton Sears Grand/Essentials, Harper Woods Sears Full line, Monroe Sears Full line, Adrian Sears Full line, Washington Township Kmart, Chesterfield Kmart, Woodhaven Kmart, Flint Kmart (46 jobs lost).
Minnesota: Willmar Kmart, Duluth Kmart, New Hope Kmart, White Bear Lake Kmart.
Mississippi: Jackson Sears Full line, McComb Sears Full line, Columbus Sears Full line.
Missouri: Lee’s Summit Sears Grand/Essentials, Saint Louis Sears Full line.
Montana: Missoula Kmart (50 jobs lost).
New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials.
North Carolina: High Point Sears, Moorehead Sears, Rocky Mount Sears, Statesville Sears, Durham Kmart (79 jobs lost), Asheville Kmart (53 jobs lost), West Smithfield Kmart (59 jobs lost), Winston-Salem Kmart (69 jobs lost).
New Jersey: Lawnside Kmart (about 80 jobs lost).
New Mexico: Las Cruces Kmart (58 jobs lost).
New York: Depew Kmart (68 jobs lost).
Ohio: Chagrin Falls Kmart, Springfield Kmart, two Toledo Kmarts, Medina Kmart, Columbus Kmart, Columbus Sears/Great Indoors, Zanesville Sears (67 jobs lost), Trotwood Kmart (71 jobs lost). Also, Van Wert Sears franchise bought out by Kirk Berryman, owner of Computer & Networking Technologies (CNT), who plans on moving the store to a new location.
Oklahoma: Oklahoma City Sears (98 jobs lost, GGP owned, GGP wants a $2 million sales tax rebate, claiming it’s needed to offset capital investments needed to bring the space up to the standards for potential new tenants).
Oregon: Roseburg Sears (at least 40 jobs lost), Tualatin Kmart Center (new property owner from California is tearing everything down for new shopping center, so far no indication the Kmart will be part of the new shopping center), Milwaukie Kmart (61 jobs lost).
Pennsylvania: Upper Darby Sears Full line, Pottstown Sears Full line, Pittsburgh Kmart, Wilkins Sears, Warminster Kmart (85 jobs lost).
South Carolina: Sumter Sears (at least 40 jobs lost), Orangeburg Sears (57 jobs lost), Columbia Kmart on Fort Jackson Boulevard in 2012, Columbia Kmart on Bush River Road in 2009, Irmo Kmart (no info on how many jobs lost).
Tennessee: Antioch Sears (at least 40 jobs lost), Cleveland Sears (at least 40 jobs lost), Oak Ridge Sears (at least 40 jobs lost), Hendersonville Kmart (at least 40 jobs lost), Morristown Sears (about 70 jobs lost).
Texas: Two Sears parts and repair centers closing in The Woodlands (117 jobs lost), rebuild center in Garland (58 jobs lost), Farmers Branch Sears/Great Indoors, Houston Sears Great/Indoors.
Virginia: Norfolk Sears (at least 40 jobs lost), Midlothian Kmart (at least 40 jobs lost), Richmond Kmart (at least 40 jobs lost), Lynchburg Sears (84 jobs lost).
Washington: Walla Walla Sears Full line (in August 2012, it was reported that an independent owner of Sears Hometown stores will open a store in Walla Walla), Lacey Kmart (at least 40 jobs lost), Kelso Sears (47 jobs lost), Lakewood Kmart (59 jobs lost), Bellingham Sears (92 jobs lost), Seattle Kmart (85 jobs lost).
West Virginia: Oak Hill Kmart (59 jobs lost).
Wisconsin: West Baraboo Sears (at least 40 jobs lost, local village officials say the store generated 3% of local tax collections), Rice Lake Kmart (about 71 jobs lost).
On top of that, Sears Holdings sold stores to General Growth Properties (GGP), of which it has been reported that most of those stores will be closed.
Here’s the list of 11 Sears stores now owned by GGP:
Iowa: Coral Ridge Mall (it’s official the Sears is closing, see above), and Mall of the Bluffs
Texas: The Woodlands Mall (this does not involve the two repair centers being closed by Sears)
Florida: West Oaks Mall
Utah: Fashion Place, and Provo Towne Centre (note the evil British empire way of spelling town & center. Due to a favorable lease agreement the GGP owned Provo Sears will continue to stay open under Sears Holdings management)
Oklahoma: Quail Springs Mall (it’s official, the Sears will be closed, see above)
Hawaii: Ala Moana Center (will be closed, see above)
Washington: Bellis Fair Mall (Bellingham store, see above)
Minnesota: Apache Mall
Illinois: Market Place Shopping Center