“a change in business circumstances”: Sears-Kmart death spiral, October 2018

New York Post: Whirlpool doesn’t want Sears selling any of its appliances

9News.com KUSA: Sears is delisted on NASDAQ

Yahoo Finance: lifetime warranties in question

National Real Estate Investor: Sears Will End Up in Liquidation

Delaware Online: Decisions to ax unsuccessful local locations were made well before bankruptcy!

WCPO: How safe are Sears warranties and gift cards?

Chicago Tribune: Whirlpool to Sears: We want our appliances back

Bankruptcy judge to OK Sears’ store closings

bankruptcy to close another 142 stores

CNBC: Sears Holdings plans to file for bankruptcy protection early morning Monday

The Business Journals:  bankruptcy deal to keep Sears Holdings alive through Christmas

Reuters: Eddie Lampert stepped up to contribute toward a bankruptcy financing package 

Sears aims to close up to 150 Sears stores in bankruptcy, 250 Sears stores in limbo!

Market Watch: 100-thousand retirees to be screwed!

Business Insider: Sears’ top spokesman jumps ship

Marea Informative: Major Shareholder dumps 25,700 Shares of Sears Holdings

Wall Street Journal: Lenders Make Push to Liquidate Sears

Lampert Won’t Give Sears Another Lifeline

Sears Holdings prepare for bankruptcy filing that could come as soon as this week

Forbes: Got $592 Million? You Could Buy Sears And JC Penney

CNN: How Sears wasted $6 billion that could have kept it out of bankruptcy

Things are bad at Sears. They’re worse at Kmart

Landlords cheer the end of Sears-Kmart

Sears stopped paying vendors?

Sears hires a bankruptcy expert

Pacific Daily News: man who swung a knife at Guam Kmart employees had his sentence commuted.

MyPalmBeachPost: New Sears vs Gardens Mall lawsuit 

Seeking Alpha: Is October 15 THE Date For Sears Holdings?

Madison County Record: Woman sues Sears-Kmart saying her clothes burst into flames

Motely Fool: Should Seritage Growth Properties Investors Fear a Sears Bankruptcy?

CT Post: man awarded $1.6 million for Sears warehouse injury

NJ.com:  $21K in damage, mold, after faulty Sears appliance install

ALABAMA: Gadsden Sears.

ARKANSAS: Russellville Kmart. 

ARIZONA: Massive Sears shutdowns for Sierra Vista, Yuma, Mesa/East, Phoenix-Desert Sky and Chandler.

CALIFORNIA: Kmarts in Lemoore, Modesto, Riverside, Visalia, Delano, Ontario and Placerville, bringing total California Sears-Kmart job losses to 1-thousand-211 by Xmas!

Massive Sears shutdowns for Pleasanton, Santa Rosa, Costa Mesa, Merced, Florin, El Centro, Modesto, Cerritos, Montebello and Bakersfield.

COLORADO: Sears in Lakewood and Centennial.

CONNECTICUT: Sears store-Auto Center-Lands End in Milford (69 jobs gone by Xmas) and Waterford.

Local news media discovered the still active Sears Outlet store in Newington was recently sold-off to a New York property developer, for $3.2-million USD.

FLORIDA: Kmarts in Gainesville and Miami (98 jobs gone by Xmas). Massive Sears shutdowns for Panama City, Walton Beach, Melbourne, Lakeland, Bradenton and Ocala.

GEORGIA: Kmarts in Peachtree and Covington.

IDAHO: Boise Town Square Mall Sears.

“…U-Haul is buying former Kmart stores all over the country”, including the Ammon Kmart and “another storage facility in Idaho Falls.”

ILLINOIS: Joliet Sears.  Kmarts in Quincy, Norridge and Moline. Sears Holdings issued a shutdown WARN for its Sears store in Niles, 75 jobs gone a week before Xmas.  Local news media also reported that Sears Holdings also suddenly laid off 75 people at its HQ in Hoffman Estates.  Sears Holdings suddenly announced the December shutdown of its Sears store in the Golf Mill Shopping Center, blaming it on “a change in business circumstances”, 75 jobs gone by Xmas.  A newly reduced-in-size Oakbrook Center Sears store re-opens. 

Canada fronts $25-million USD loan to partially pay for redevelopment of Revenswood Sears

INDIANA: Sears in Greenwood, Indianapolis and Terre Haute.

Kmarts in Griffith (113 jobs gone by Xmas) and Jasper. Little Caesars, which operate restaurants inside Kmarts, denies a video revealed an Indiana Kmart Little Caesars was serving frozen DiGiorno pizzas!

IOWA: Kmarts in Council Bluffs, Cherokee and Webster.

KANSAS: Kmarts in Salina and KC.

KENTUCKY: Kmarts in Grayson and Russell Springs.

Sears in Louisville-Okolona and Bowling Green.

LOUISIANA: Metairie Kmart.

MAINE: Madawaska Kmart.

MARYLAND: Kmarts in Prince Frederick and Oxon Hill.

Sears in Bowie, Westminster and Columbia.

MASSACHUSETTS: Sears-Land’s End in Natick.

MICHIGAN: Kmarts in Charlevoix and Lake Orion.

Sears-Land’s End in Ann ArborSears store and Auto Center in Lincoln Park (at least 96 jobs gone by Xmas).

MINNESOTA: Sears in Saint Paul and Minnetonka.

MISSOURI: Kmarts in Saint Joseph, KC and Florissant.

NEVADA: Henderson Sears.

NEW HAMPSHIRE: Sears-Land’s End in Portsmouth.

NEW JERSEY: Glassboro Kmart.

Sears Auto Center in Deptford (10 jobs gone by Xmas) and Sears store in Middletown (57 jobs gone by Xmas).

NEW MEXICO: Coronado Sears.

NEW YORK:  Taxpayers being forced to pay tens of millions of dollars to turn the vacant East Greenbush Kmart into a training facility for state Family and Children Services.  The Executive Director for Rensselaer County’s Industrial Development Agency called the growing trend to use vacant retail buildings for taxpayer funded government ops “a Renaissance”.

Kmarts in Mahopac (42 jobs gone by the end of January 2019), Batavia (73 jobs gone by the end of January 2019), Niagara Falls (58 jobs gone by the end of January 2019), West Seneca (92 jobs gone by the end of January 2019) and  Schenectady (63 jobs gone by the end of January 2019).

Sears in Nanuet (88 jobs gone by the end of January 2019), Garden City (126 jobs gone by the end of January 2019), Yorktown Heights (55 jobs gone by the end of January 2019) and Lakewood (40 jobs gone by the end of January 2019).

NORTH CAROLINA: Kmarts in Statesville, Raleigh and Asheville.

Sears in Goldsboro, Fayetteville and Pineville.

Taxpayers turned the vacant Independence Mall Sears store into a Disaster Recovery Center: “This is new territory. This storm has been like no other I think that we’ve seen in very recent history and memory. So this community recovery resource center is, it’s very exciting that we were able, if there’s a silver lining in all of this, it’s very exciting that we were able to provide this to the community in fairly short order.”

NORTH DAKOTA: A family reports they found mice living inside winter boots they were trying on in a Bismark Kmart.  But that didn’t stop the family from buying the boots, it was the deciding factor in favor of buying the boots!

OHIO: Illegal dumping, homeless encampment found behind former Kmart

Kmarts in East Liverpool and Middleburg Heights/Cuyahoga (63 jobs gone by Xmas).

Niles Sears.

The Streetsboro Sears Appliance Showroom shutting down by the end of the month, a city official blames Eddie Lampert: “I don’t think it’s location; I think it’s more corporate. I was surprised that ours was still open. No one told me officially why they’re closed.”-Deborah Covert

OKLAHOMA: Sears in Tulsa and Norman.

According to local news reports, the vacant Arrowhead Mall Sears store, in Broken Arrow, is being replaced with a U.S. Post Office and Distribution Center.  The mall itself went bankrupt in 2016 (despite a 2014 remodel) and was sold by evil Wells Fargo to ‘an investor’ this year, it is currently managed by Texas based Property Managers.

OREGON: Beaverton Kmart. 

Salem-Lancaster Sears.  Portland Sears store-Auto Center-Land’s End (72 jobs gone by Xmas).

PENNSYLVANIA: Sears in Pittsburgh, Dubois, and Cornwells Heights.

Sears-Land’s End in Langhorne.

Massive Kmart shutdowns for Pleasant Hills, Altoona, Allentown, Phoenixville, Hummelstown, New Kensington, Carlisle, Thorndale and Matamoras.

Kmart manager chokes on final store ‘store is closing’ announcement.

The owners of Hershey Square Shopping Center, in Derry Township, revealed that the currently active Big Kmart store will be vacated sometime after Xmas, by listing the space as available to lease in 2019.  The Shenango Valley Mall Sears Auto Center, in Hermitage, suddenly shutdown with little or no warning to employees, inventory is already being shipped to other locations.  The Shenango Valley Mall Sears store shutdown more than a year ago.

SOUTH CAROLINA: Kmart in Mauldin, and what local news media suspected the still active Rock Hill Kmart sold at the end of September for $6-million USD, the buyer operates large scale storage units and plans to redevelop the Kmart property and the Kmart will shutdown.

TENNESSEE: Knoxville Kmart.

Sears Land’s End in West Town and Cordova.

Sears in Clarksville and Chattanooga.

TEXAS: Massive Sears shutdowns for Victoria, Austin/Barton Creek, Dallas, Irving, Ingram, Austin, Lubbock, Harlingen and Frisco.

After six decades the Sears store and Auto Center in Baytown shutting down in time for Xmas.

VIRGINIA:  Hampton Sears.

Kmarts in Springfield, Williamsburg and  Waynesboro.

The still active Sears store at the Landmark Mall , in Alexandria, could shutdown.  Local news media reporting that the mall owner and Sears Holdings’ REIT spin-off Seritage Growth Properties are in negotiations to re-develop the property, and the City of Alexandria “has approved this effort as a priority in the FY 2019 Long-Range Planning Work Program.”  The Annandale Big Kmart shutting down a week before Thanksgiving.

WASHINGTON: Puyallup Sears.

Bellingham Kmart.

WEST VIRGINIA: Charleston Kmart. 

Westover/Morgantown Sears.

WISCONSIN: Taxpayers of Portage screwed over for another 27 years as a tenth tax increment financing district, which includes a vacant Kmart, goes into effect!

WYOMING: Both the Casper Kmart and Casper Sears. 

SEARS – KMART DEATH SPIRAL, SEPTEMBER 2018: IS THIS IT?