Tag Archives: sears

“Ultimately, the liquidity provided by the REIT capital raise cannot address the underlying poor performance of its retail business, and our credit analysts believe that Sears will need to close hundreds of additional stores.”-JPMorgan Chase

“If its goal is to survive as a retailer, Sears will need to get better at selling the stuff on its shelves, rather than just its remaining assets.”-Justin Lahart, Heard on the Street

The new REIT that Eddie Lampert will create, supposedly to save Sears, will involve ‘selling off’ 254 stores. Lampert hopes that at least on paper it will raise $2.6-billion USD for his Sears Holdings. Retail analysts seem to all agree that even more stores will have to be shutdown or sold off.

In Frackville, Pennsylvania, the Schuylkill Mall Kmart was set to shutdown in October, but Sears Holdings has decided to shut it down two months earlier, in June. The store manager told local news media that Sears Holdings refused to give “any reason as to why”. The lease on the property is in effect until October, but valid leases haven’t stopped Sears Holdings from continuing to pay rent on properties its vacated in the past.

update, 25 March 2015: taxpayers bailed out Sears!

Business/Economics

Sears & Kmart update, 25 March 2015: Proof Illinois taxpayers bailed out Sears! Sears Hometown gets remodeled! Property developer kills off Kmart replacement!

March 25, 2015 Hutchins AAron

In 2014 there was word that a vacant Michigan Kmart would be replaced with a World of Beer store, not no more.

The News Herald reports that World of Beer has changed its mind about moving into the Woodhaven Kmart. Local city administrators assume that World of Beer and the property owner couldn’t agree on the lease, so World of Beer is going someplace else. There were also problems with the property owner’s plans for re-developing the Kmart, which ended up requiring more land.

In Kentucky, a property developer is spreading some great sounding rumors. surfkyNEWS reports that a vacant Madisonville Kmart might be filled with a Roses Discount Store. However, the property developer making the claim also rambled on about all these wonderful sounding commercial deals involving dozens of projects, all of which were still “coming along” or basically just on paper.

The property developer even claims there are big plans for privately run “urgent care, primary care and specialized” healthcare centers because of Obama Care (if you’ve been reading my Job Loss and Obamacare Job Destruction reports you’ll see that can’t be true). surfkyNEWS even said that the property developer admitted “…it’s been a game of musical chairs over the last three years.”

Sears Holdings announced they will revamp their contracted out Sears Hometown and Outlet franchise. 51 of the contracted stores will get “a two-phase refresh” beginning in March, with an expected grand re-opening sometime in April (it should be noted that Sears Holdings made this info public on 25 March 2015): “The refresh includes a new product assortment, redesigned merchandising, new fixtures & signage, and comprehensive training for floor associates, among other changes.”

Does it have anything to do with the taxpayer bailouts of Sears Holdings?

According to Good Jobs First, Sears Holdings has received more than $531-million USD in tax subsidies just from the state and local governments of Illinois!

Visit the Good Jobs First website to find out just how much your so called capitalist unAmerican Corporate America relies on socialist style tax subsidies, all while they kill off U.S. jobs and your ‘elected’ administrators cut your social safety net!

UPDATE, 20 MARCH 2015: GEORGIA KMART GOING DOWN, BUT SEARS DENIES IT!

Business/Economics

Sears & Kmart closing update, 20 March 2015: New York rebuild center shutting down? Florida Kmart going down! Georgia Kmart going down, but Sears denies it!

March 20, 2015 Hutchins AAron

In Longmont, Colorado, plans were unveiled for a Kmart property that’s been vacant for the past five years (before I started this shutdown list). It sounds ‘racist’ to me but local city and retail administrators are calling it 11 acres of “Latino Marketplace”. Plaza Medina will be the new name and will offer retail and residential spaces specifically for ‘Latinos’.

In Wisconsin, meijer department and grocery store chain has purchased the failed Memorial Mall, which includes a vacant Sears store. There are re-development plans in the works: “The site plan is still being developed and it is still several years away. For the time being it is just going to be business as usual for the operations that are currently in there.”-Frank Guglielmi, meijer senior director

The Wall Street Journal reports that suppliers are becoming increasingly fearful of doing business with Sears Holdings: “Suppliers of tools and other goods have begun asking for sweetened payment terms to compensate them for the risk of shipping to the troubled retailer……Sears has offered to pay some vendors within 15 days, faster than its normal terms of up to 60 days for suppliers of apparel or hard goods, in return for a discount of around 3% to 5%…..”

In Michigan, efforts are being made to find a buyer for the Burton Kmart building (the Kmart shutdown last year). The asking price is $2-million USD, but the REIT services company handling the property says they’ll consider other options. So far all offers “…were just too low.”

In New York, Sears Holdings issued a WARN saying they will shutdown their Bay Shore Product Rebuild Center in May. A few days later Sears Holdings amended the WARN saying it was actually their Sears store and Auto Center that was being shutdown (something that had already been reported by local news media).

In Florida, a 39 years old Kmart in Fort Myers is shutting down by May, the property is being re-developed into smaller stores. Local news reports say a new tenant is already lined up (a flooring store), but did not say how long the re-development would take.

In Georgia, local news reports say there are signs a BIG-Kmart in North Augusta will be shutdown. Sears Holdings denies the reports, however the North Augusta city council just approved plans for re-developing the property, plans which would have the Kmart torn down. A Canadian REIT called Slate Asset Management bought the property and submitted plans to build four smaller stores (to be occupied by PetSmart, Ross Dress for Less, Marshalls and Rack Room Shoes) where the larger Kmart now stands.

update, 10 March 2015: Montana city losing, yet gaining Sears store?

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling 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), Birmingham Eastwood Kmart (70 jobs lost), Decatur Mall Sears (91 jobs lost), Fort Payne Kmart, Northport Kmart (68 jobs lost), Dothan Sears (68 jobs lost), Huntsville Kmart (73 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 (more than 80 jobs lost), Pleasant Hill Kmart (more than 50 jobs lost), Torrance Kmart, Fairfield Kmart (63 jobs lost), Lampert owned OSH taken over by Lowe’s home improvement in bankruptcy court, at least 17 of 99 stores to be closed down (935 jobs lost!), Rancho Cordova Kmart (97 jobs lost), San Clemente Kmart/Sears/Kmart on Camino de Estrella (58 jobs lost), placed on an official hit list in 2011 the Oceanside Kmart on College Boulevard finally being shut down, Banning Kmart (91 jobs lost) recently revealed that Sears Holdings is still paying rent on the abandoned property, Laguna Hills Mall Sears, San Diego Mid-City Kmart (73 jobs lost), Hemet Kmart (77 jobs lost), Oakland Sears repair center (75 jobs lost), San Mateo Kmart (82 jobs lost to an apartment building connected to public transportation), Hesperia Kmart building sold at a loss to a vulture capitalist REIT, no word on if the Kmart will be shutdown. Customers complain that the Kmart employees have a bad attitude, gee I wonder why? Yuba City Kmart (63 jobs lost), Rocklin Kmart (at least 63 jobs lost, the store had just posted “Now Hiring” signs), San Leandro Kmart (102 jobs lost), San Jose Mercury News says the El Centro Kmart to shutdown in January, the website Foursquare says the Covina Kmart is now shutdown (other sources say it will shutdown in December), Cupertino Sears and Auto Center (number of employees affected not made public, no WARN filed), somebody posted on yelp* that the Diamond Bar Kmart was shutting down in December (confirmed by Armijo Newspapers), Westfield Topanga Sears (122 jobs lost), it looks like the Blythe Kmart is being slowly shutdown despite denial by Sears Holdings.

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), Colorado Springs Kmart at Powers and Palmer Park boulevards (57 jobs lost), Fort Collins Sears (67 jobs lost), Denver-Cherry Creek North Sears store & Auto Center (66 jobs lost).

Connecticut: Waterbury Big Kmart, Torrington Kmart (73 jobs lost), Enfield Sears Optical (no word on jobs lost), Wallingford Sears Appliance & Hardware (employees say the shutdown was a surprise, I guess they don’t read Blind Bat News).

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

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 in February 2013 (69 jobs lost), Pensacola Kmart on East 9 Mile Road will close in May (73 jobs lost), Hialeah Kmart (67 jobs lost), Bonita Springs Kmart (67 jobs lost), Mount Dora Kmart (100 jobs lost), Lake Mary Kmart, Panama City Beach Kmart (54 jobs lost), Winter Park Kmart (100 jobs lost), Niceville Kmart (59 jobs lost), Winter Haven Kmart (92 jobs lost), Palm Bay Kmart, Oakland Park Kmart (112 jobs lost), Clearwater Sears Auto Center (21 jobs lost), Zephyrhills Kmart (70 jobs lost), Winter Springs Kmart (69 jobs lost), Naples Kmart (72 jobs lost), New Port Richey Kmart (58 jobs lost), ‘redevelopment’ of Aventura Sears & Auto Center into an “open-air village” (unknown how many jobs affected), Kmart on Northeast 108 Street being annexed by Miami Shores, Sears Holdings threatens to shutdown Kmart as a result of higher local taxes. The property that’s home to an operating Kmart, on South Green Bay Road in Racine, was foreclosed by the local Sheriff and sold-off for $2.5-million, no word on what the new property owner will do with it. Recently revealed Fort Myers Kmart (67 jobs lost).

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), Hiram Kmart (53 jobs lost), Marietta-East Cobb Kmart, Warner Robins Kmart (77 jobs lost), Coweta County Kmart distribution center (164 jobs lost), recently revealed one of the last two North Augusta Kmart to be torn down by new property owner from Canada, Sears Holdings denies the Kmart will shutdown.

Guam: Sears Hometown Store.

Hawaii: Honolulu Sears (owned by GGP, 372 jobs lost! GGP spending $573-million chopping it up into smaller store spaces), Kauai Sears (41 jobs lost), Iwilei-Honolulu Kmart for lease (no confirmation of store closing).

Idaho: Lewiston Sears (at least 60 jobs lost), Rexburg Kmart (63 jobs lost), Chubbuck Pine Ridge Mall Sears shutdown by the end of October/beginning of November 2014 (the remaining 28 jobs lost). Across the street, in Pocatello, the property where the Kmart is located has a “pad site available” sign, posted ever since the Kmart bankruptcy. The Kmart building takes up most of the ‘pad’. Latest news from inside sources say Sears Holdings will not comment on any plans to expand the small amount of Craftsman products already being sold at the Kmart, or shift the Kenmore products line, from the closing Chubbuck Sears to the Pocatello Kmart. In fact all plans for the Pokey Kmart are in a ‘holding pattern’.

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), Calumet Sears (164 jobs lost), two Sears stores in Grand Crossing area of Chicago (247 jobs lost!), Mount Vernon Sears (68 jobs lost), Moline Sears (at least 60 jobs lost), Homewood Kmart (185 jobs lost), Belvidere Kmart (91 jobs lost?) revealed is now a perpetual closing sale Kmart At A Discount store, Champaign’s Market Place Mall Sears (56 jobs lost), Sterling Kmart (60 jobs lost), Montgomery Kmart (81 jobs lost), Mattoon Sears (more than 40 jobs lost), Chicago Sears on North State Street (160 jobs lost), Chicago Sears Craftsman Experience store, Galesburg Sears (46 jobs lost), White Lake Township Kmart (42 jobs lost), Orland Park Sears Appliance, Collinsville Kmart (84 jobs lost), Crystal Lake Kmart (at least 77 jobs lost), Danville Sears store & Auto Center (63 jobs lost), Forsyth Sears store & Auto Center (45 jobs lost), Peoria Kmart (73 jobs lost), Forest Park Kmart (107 jobs lost), Chicago Sears on North and Harlem avenues, supposedly it’s being replaced (most likely at taxpayer expense) with a new building and it will become a Sears-Mariano’s store, Bloomington Kmart (79 jobs lost), Hoffman Estates Headquarters 100 jobs eliminated, another 15 corporate jobs eliminated elsewhere, Chicago-Wicker Park Kmart (106 jobs lost), abandoned Market Place Mall Sears location to be occupied by Dick’s Sporting Goods and Field & Stream. 58 Chicago area stores up for lease or sale. 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.

Indiana: Anderson Sears (at least 40 jobs lost), Saint John Kmart (at least 40 jobs lost), Indianapolis Kmart (at least 40 jobs lost), Richmond Sears (49 jobs lost), South Anthony Kmart (70 jobs lost), Fort Wayne Kmart on South Anthony Boulevard (70 jobs lost), FairOaks Mall Kmart, Logansport Sears (43 jobs lost), Muncie Kmart (59 jobs lost), Fort Wayne Kmart on Coliseum Boulevard North (69 jobs lost), Decatur Kmart (49 jobs lost), Indianapolis Kmart on Madison Avenue (131 jobs lost), Indianapolis Kmart on Washington Street (139 jobs lost), Bedford Kmart (62 jobs lost), Indianapolis (Evansville) Sears & Auto Center at Washington Square Mall (91 jobs lost), Greenwood Kmart (78 jobs lost), Plymouth Kmart (“approximately” 68 jobs lost), Bloomington Sears to be replaced by Whole Foods grocery store.

Iowa: Cedar Rapids Kmart on 16th Ave (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), Cedar Rapids Kmart on Collins Road NE (56 jobs lost), Mason City Kmart (50 jobs lost), Clive Kmart (at least 49 jobs lost), Ames Kmart (44 jobs lost), Fort Dodge Sears (no job loss numbers made public, yet. The Auto Center was secretly shutdown in September).

Kansas: Lawrence Sears (at least 40 jobs lost), Merriam Kmart-then Sears-then Kmart (jobs lost unknown), Wichita Sears store & Auto Center (103 jobs lost), Manhattan Sears & Auto Center (number of jobs lost were never revealed).

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), Lexington Fayette Mall Sears (114 jobs lost!), Newport Kmart (81 jobs lost), Cannonsburg Sears and Sears Auto Center (no employee info given), Louisville Dixie Highway Kmart/Sears/Kmart shutdown and now being taken over by Kroger basically to sell the same crap the old Kmart did! Madisonville Kmart (39 jobs lost), Owensboro Sears store & Auto Center (52 jobs lost).

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

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, Saginaw Kmart on Bay Road, Flint Kmart on Dort Highway (46 jobs lost), Gaylord Kmart (48 jobs lost), Sterling Kmart (58 jobs lost), Bloomfield Township Kmart and Sears, Bad Axe Kmart (61 jobs lost), Ypsilanti Township Kmart (83 jobs lost), Petoskey Kmart (45 jobs lost), Saint John’s Kmart (48 jobs lost), White Lake Township “Store of the Future” Kmart (42 jobs lost), Grand Blanc Kmart (49 jobs lost), Lapeer Kmart (56 jobs lost), Southgate Kmart (155 jobs lost), Detroit’s Telegraph Road Kmart (115 jobs lost), Waterford Township Sears (no word on how many jobs lost), Rochester Hills Kmart (77 jobs lost), ‘perfect Kmart town’ of Port Huron Kmart (188 jobs lost), Flint Kmart on Miller Road (81 jobs lost), Burton Kmart (85 jobs lost), Madison Heights Kmart (179 jobs lost), it’s now official the last remaining Saginaw Kmart (on Gratiot Road) will remain shutdown after its roof collapsed during a snowstorm back in January 2014 (Sears Holdings claims only 18 people worked there at the time of the collapse!), Ann Arbor Kmart (59 jobs lost), Iron Mountain Kmart (54 jobs lost), Bangor Township Sears aka Bay City Mall Sears, the Auto Center was already secretly shutdown some time ago (at least 47 jobs lost), Big Rapids Kmart (about 50 jobs lost). Vacant Wyandotte Sears Auto Center is being renovated at a cost to taxpayers of $1-million & 20-thousand, plus 15 years worth of tax breaks valued at $2-million!

Minnesota: Willmar Kmart, Duluth Kmart, New Hope Kmart, White Bear Lake Kmart, Bemidji Kmart, Monticello Kmart, GGP owned Sears Auto Center in the Apache Mall closed (10 jobs lost), the entire Sears store in the Apache Mall being sold off, Fergus Falls Kmart (40 jobs lost), Fergus Falls Kmart (at least 40 jobs lost), Alexandria Kmart (46 jobs lost), Grand Rapids Kmart (61 jobs lost), Seritage is selling off three Sears Auto Centers in Minnetonka, Brooklyn Center and Saint Paul, Marshall Kmart (57 jobs lost), Oakdale Kmart (77 hourly wage employees losing their jobs, unknown how many salaried employees will become unemployed), Winona Kmart (67 jobs lost), Minneapolis city officials trying to shutdown profit making Nicollet Avenue Kmart, to make way for a new road. Anoka Kmart (47 jobs lost), Blaine Kmart (60 jobs lost), Burnsville Kmart (62 jobs lost), Waite Park Kmart (57 jobs lost), Northeast Minneapolis Sears Hometown & Outlet store now for sale, Coon Rapids Sears Hometown & Outlet store now for sale.

Mississippi: Jackson Sears Full line, McComb Sears Full line, Columbus Sears Full line, Gautier Sears (71 jobs lost), Waveland Gulfport Kmart (32 jobs lost), Pass Road Gulfport Kmart (52 jobs lost), Pascagoula Sears at the Singing River Mall, Olive Branch distribution center (unknown how many jobs lost).

Missouri: Lee’s Summit Sears Grand/Essentials, Saint Louis Sears Full line, High Ridge Kmart (59 jobs lost), Ellisville Kmart (55 jobs lost), Springfield Kmart on South Campbell Avenue (60 jobs lost), South Belt Kmart (64 jobs lost), Florissant Kmart (100 jobs lost), O’Fallon Kmart (76 jobs lost).

Montana: Missoula Kmart (50 jobs lost), Great Falls Kmart (closed “until further notice” due to fire, 63 jobs on hold), Great Falls Sears store & Auto Center (65 jobs lost) due to great sales (ironically) the shutdown date has been moved from 07 December 2014 to 23 November, Bozeman Kmart (37 jobs lost), Missoula Sears store and Auto Center (57 jobs lost).

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

New York: Lindenhurst Sears Hardware, North Babylon Sears Hardware, Hauppauge Sears Hardware, Depew (Lancaster?) Kmart (68 jobs lost), Colonie Kmart (72 jobs lost), Fulton Kmart (51 jobs lost), Clifton Park Kmart (74 jobs lost) now revealed to be turned into a Town Center with more than 200 apartments at an estimated cost of $50-million, Latham Kmart (61 jobs lost), East Greenbush-Rensselaer Kmart (70 jobs lost), Tonawanda Sears Appliance and Hardware, Bronx Sears (91 jobs lost), BBN reader reported that the Ithaca Sears and Auto Center shutdown and one month later it’s been officially confirmed (at least 37 jobs lost), DeWitt Kmart (92 jobs lost), Auburn Sears (51 jobs lost), Massena Sears and Auto Center (51 jobs lost), Staten Island Mall Sears leased out to Ireland’s Primark, Bay Shore Sears and Sears Auto Center (144 jobs lost).

North Carolina: Cary Kmart (71 jobs lost), 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), Hendersonville Kmart (58 jobs lost), South Ashville Kmart on Hendersonville Road, Raleigh Kmart (88 jobs lost), Garner Kmart, Cleveland County mall Sears (56 jobs lost), Charlotte Kmart (89 jobs lost), Conover Kmart (74 jobs lost), Raleigh Kmart on Capital Boulevard (53 jobs lost), High Point Kmart (71 jobs lost), Boone Kmart (41 jobs lost), Greensboro Kmart (96 jobs lost), Gastonia Sears store & Auto Center (65 jobs lost), Kinston Kmart (64 jobs lost), Cary Sears (66 jobs lost), Greensboro Kmart distribution center (130 jobs lost).

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

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), Austintown Sears auto parts and service on Interstate Boulevard, London Kmart (no word on number of jobs lost), Trotwood Sears (67 jobs lost), Westlake Kmart/Sears (at least 57 jobs lost), Xenia Kmart (at least 57 jobs lost), Norwalk Kmart (52 jobs lost), Blue Ash Kmart (77 jobs lost), Northwood Sears at Woodville Mall (36 jobs lost), Conneaut Kmart (43 jobs lost), Anderson Township Kmart (71 jobs lost), Brooklyn Kmart (200 jobs lost), Columbus Lockbourne Industrial Parkway Sears distribution center (200 jobs lost), also in Columbus, Sears Product Rebuild-Call Center (112 jobs lost), Marion Sears Auto Center (at least nine jobs lost), Springfield Kmart #3767 (68 jobs lost), Fairborn Kmart (66 jobs lost), Solon Sears & Auto Center (at least 53 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. Fairlawn Sears Appliance & Hardware, Macedonia Sears Appliance & Hardware, Lorain Sears Appliance & Hardware, Elyria Sears Appliance & Hardware, North Olmsted Sears Appliance & Hardware, Sheffield Village Sears Appliance & Hardware, Akron Sears Appliance & Hardware.

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), Shawnee Sears (31 jobs lost), Sand Springs Kmart (52 jobs lost), Muskogee Sears (60 jobs lost), Enid Sears and Auto Center (at least 38 jobs lost).

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), Coos Bay Kmart (25 jobs lost), Bend Sears (48 jobs lost), Klamath Falls Kmart (64 jobs lost), Albany Kmart (64 jobs lost), Portland Sears Homes Services (no notice), Albany Sears (57 jobs lost), in October a BBN reader warned that Oregon City Kmart was being quietly shutdown, confirmed on 06 November 2014 by Sears Holdings (70 jobs lost).

Pennsylvania: Upper Darby Sears Full line, Pottstown Sears Full line, Pittsburgh Kmart, Wilkins Sears, Warminster Kmart (85 jobs lost), Shippensburg Kmart (46 jobs lost), Moon Kmart (143 jobs lost), Bethlehem Township Kmart (62 jobs lost), Philadelphia Gallery Mall Kmart (120 jobs lost), Philadelphia Kmart on Orthodox Street and Castor Avenue (169 jobs lost), Levittown/Middle Township Kmart (87 jobs lost), Waynesboro Kmart (43 jobs lost), Sanatoga-Lower Pottsgrove Kmart (65 jobs lost, the store was also advertising for new hires!), West Mifflin Sears store & Auto Center (88 jobs lost), Rochester Kmart (78 jobs lost), Frazer (Pittsburg Mills Mall) Sears and Auto Center (97 jobs lost), Bloomsburg Sears (57 jobs lost), Frackville Sears and Auto Center (84 jobs lost), North Cornwall Township Sears (51 jobs lost), King of Prussia Sears and Auto Center (no word on number of jobs lost), Lebanon Sears (51 jobs lost), Scotland Chambersburg Mall Sears and Auto Center (62 jobs lost), the upper level of the Willow Grove Mall Sears store to be leased by Primark, King of Prussia Sears store leased out to clothing retailer Primark, East Towne Mall Kmart (51 jobs lost), Frackville Kmart in the Skuylkill Mall (80 jobs lost).

Puerto Rico: Vega Baja Kmart (206 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, Columbia Kmart on St Andrews Road (66 jobs lost), Irmo Kmart (no info on how many jobs lost), both Greenville Kmarts (140 jobs lost between the two), Mount Pleasant Kmart (43 jobs lost), Harbison Sears & Sears Auto Center in the Columbiana Centre mall (97 jobs lost), Aiken Sears & Sears Auto Center (at least 54 jobs lost), Inlet Square Mall Kmart (50 jobs lost), West Ashely Kmart (69 jobs lost), Myrtle Beach Kmart (59 jobs lost), Easley Kmart (62 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), Clinton South Kmart, Franklin Cool Springs Galleria Sears (92 jobs lost), Memphis Hickory Ridge mall Sears (job loss data not revealed), 48 years old Nashville Kmart on Nolensville Pike to close by January 2014 (57 jobs lost), Franklin Kmart (33 jobs lost), Dickson Kmart (65 jobs lost), talks in progress to end lease for Bellevue (Nashville) Center Mall Sears.

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, Dallas Sears home appliance parts distribution center (77 jobs lost).

Utah: Murray Sears (for some reason Mormon controlled news media in Utah never reported the closure, but they reported that the building was demolished), Orem Kmart (no details reported), Woods Cross Kmart (54 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

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), Fairfax Kmart (no word on how many jobs lost), Christiansburg Sears (59 jobs lost), Norfolk Kmart on East Little Creek Road (77 jobs lost), Manassas Kmart (71 jobs lost), Stafford Sears Hometown, Newport News-Denbigh Kmart (at least 50 jobs lost), Wise Kmart (58 jobs lost), Harrisonburg Kmart (79 jobs lost), Wincester Kmart (91 jobs lost), Dale City Kmart (69 jobs lost), Chesapeake Sears and Auto Center (82 jobs lost), Front Royal Kmart (88 jobs lost), Pembroke Mall Sears renting out part of their store to DSW & Nordstrom Rack, Sears Holdings say they’re still looking for a “third tenant” for their occupied space. The current nearby Sears Auto Center will be rented out to REI. Colonial Heights Kmart (113 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), East Wenatchee Sears (59 jobs lost), Puyallup Kmart (51 jobs lost), Oak Harbor Kmart (68 jobs lost), Sodo Sears and Sears Auto Center (79 jobs lost), Everett Kmart (65 jobs lost), Marysville Kmart (at least 40 jobs lost).

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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), Brookfield Kmart (56 jobs lost), Racine’s Regency Mall Sears (52 jobs lost), Fort Atkinson Kmart (51 jobs lost), Greenfield Kmart (107 jobs lost), Portage Kmart (78 jobs lost) and Hales Corner (129 jobs lost), Chippewa Falls Kmart (79 jobs lost), Menomonie Kmart (at least 50 jobs lost), Ashwaubenon Kmart recently revealed now owned by Green Bay Packers, will be torn down (80 jobs lost), Shawano Kmart (55 jobs lost), Fond du Lac Sears (42 jobs lost), Glendale Sears store & Auto Center (86 jobs lost), Janesville Kmart (70 jobs lost), Glendale Sears Rebuild center (67 jobs lost), Sheboygan Sears & Auto Center (at least 31 jobs lost), Eau Claire Kmart (93 jobs lost), Plymouth Kmart (59 jobs lost before Xmas), Sheboygan Sears Rebuild Center (30 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 closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Business/Economics

Sears & Kmart closing update, 10 March 2015: Montana city losing, yet gaining Sears store? After 13 years abandoned Kmart finally has new tenant!

March 10, 2015 Hutchins AAron

In Tennessee, a woman was caught trying to walk out of a Kingsport Kmart with an entire jewelry countertop display case. Police say it had $9-thousand USD worth of earrings in it. Store employees say the woman was so brash that she openly cut a security cable with wire cutters before putting the display case in the shopping cart.

In Illinois, repots that a Christian school wants to take over an abandoned Kmart. Cristo Rey Saint Martin’s College Preparatory school was given the OK by Waukegan city administrators to move into the Kmart, which shutdown in 2012. Church administrators hope to have the building remodeled by the 2015-16 school year, and also hope God will grace them with at least 4-hundred students.

A man running for mayor of Anderson, Indiana, has proposed turning an abandoned Sears store into a children’s museum, at taxpayer expense of course.

Reports say the Burton, Michigan, Kmart is still for sale (it shutdown in 2014) for an asking price of $2-million. Apparently the city administrators are willing to instantly change the zoning of the property for whomever wants to move in.

In Asheboro, North Carolina, a Kmart store that was abandoned 13 years ago finally has a new tenant. Harbor Freight Tools gave city administrators notice that they plan to move in during the next six months. But don’t get too excited, Harbor Freight Tools is a small operation and will take up only one third of the space in the abandoned Kmart building.

In Montana the Southgate Mall Sears & Auto Center will shutdown in June. Sears Holdings hopes to find a sucker for their much smaller independent franchise owner-operator Sears Hometown store, the location of which has yet to be determined.

04 March 2015: More taxpayers paying for abandoned Kmarts!

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling since the end of 2011:

Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

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 in February 2013 (69 jobs lost), Pensacola Kmart on East 9 Mile Road will close in May (73 jobs lost), Hialeah Kmart (67 jobs lost), Bonita Springs Kmart (67 jobs lost), Mount Dora Kmart (100 jobs lost), Lake Mary Kmart, Panama City Beach Kmart (54 jobs lost), Winter Park Kmart (100 jobs lost), Niceville Kmart (59 jobs lost), Winter Haven Kmart (92 jobs lost), Palm Bay Kmart, Oakland Park Kmart (112 jobs lost), Clearwater Sears Auto Center (21 jobs lost), Zephyrhills Kmart (70 jobs lost), Winter Springs Kmart (69 jobs lost), Naples Kmart (72 jobs lost), New Port Richey Kmart (58 jobs lost), ‘redevelopment’ of Aventura Sears & Auto Center into an “open-air village” (unknown how many jobs affected), Kmart on Northeast 108 Street being annexed by Miami Shores, Sears Holdings threatens to shutdown Kmart as a result of higher local taxes. The property that’s home to an operating Kmart, on South Green Bay Road in Racine, was foreclosed by the local Sheriff and sold-off for $2.5-million, no word on what the new property owner will do with it.

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), Hiram Kmart (53 jobs lost), Marietta-East Cobb Kmart, Warner Robins Kmart (77 jobs lost), Coweta County Kmart distribution center (164 jobs lost).

Guam: Sears Hometown Store.

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

Montana: Missoula Kmart (50 jobs lost), Great Falls Kmart (closed “until further notice” due to fire, 63 jobs on hold), Great Falls Sears store & Auto Center (65 jobs lost) due to great sales (ironically) the shutdown date has been moved from 07 December 2014 to 23 November, Bozeman Kmart (37 jobs lost), recently revealed Missoula Sears store and Auto Center (57 jobs lost).

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

Puerto Rico: Vega Baja Kmart (206 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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

Oklahoma: Quail Springs Mall (it’s official, the Sears closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Business/Economics

Sears & Kmart closing update, 04 March 2015: At least seven Appliance & Hardware stores shutting down! More taxpayers paying for abandoned Kmarts!

March 4, 2015 Hutchins AAron

“…we are currently targeting between 200 and 300 Sears and Kmart stores will be sold to the REIT. It’s premature to address possible stores that would be included.”-Howard Riefs, Sears Holdings

“We have made progress and are proceeding toward its [REIT] formation and separation, which is projected to occur in May or June this year.”– Rob Schriesheim, Sears Holdings

REIT=Real Estate Investment Trust (vulture capitalist land grabbers)

Almost four years after the Davenport, Iowa, Kmart shutdown U-Haul has approached city administrators with a plan to turn it into a storage facility.

In Seattle, Washington, the owner of a building that once housed a Sears store says Sears Holdings is blocking his ability to renovate the now vacant 150-thousand square feet store. Apparently Sears vacated the building even though there is still time left on the lease, and they’re still making payments, so until the lease expires the property owner is stuck. Reports say the building was originally constructed by Union Pacific specifically for Sears & Roebuck, so that railroad employees would have somewhere to spend their money.

The Economic Development Director of Janesville, Wisconsin, has revealed that city administrators are about to shell out taxpayer bucks to a property developer to rebuild an abandoned 46 years old Kmart: “They would be on a fast track to move forward based on some financial provisions they’re proposing.”-Gail Price

Ohio losing at least five CPS Operations owned Sears Appliance & Hardware stores, and possibly two Abtroit Limited Partnership owned Sears Appliance & Hardware stores by May (or until merchandise is sold out). They employ about 15 to 20 people each. Apparently the franchise owners of Sears Appliance & Hardware did not want to renew their contracts with Sears Holdings. It should be noted that the more I look the more Sears Appliance & Hardware shutdown articles I find.

CPS Operations apparently took over the Sears Appliance & Hardware operation from Sears Holdings, according to some reports.

update, 02 March 2015: Lampert calls crashing sales “upbeat” then announces shutdown of 300 more stores!

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling since the end of 2011:

Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

Guam: Sears Hometown Store.

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

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), Austintown Sears auto parts and service on Interstate Boulevard, London Kmart (no word on number of jobs lost), Trotwood Sears (67 jobs lost), Westlake Kmart/Sears (at least 57 jobs lost), Xenia Kmart (at least 57 jobs lost), Norwalk Kmart (52 jobs lost), Blue Ash Kmart (77 jobs lost), Northwood Sears at Woodville Mall (36 jobs lost), Conneaut Kmart (43 jobs lost), Anderson Township Kmart (71 jobs lost), Brooklyn Kmart (200 jobs lost), Columbus Lockbourne Industrial Parkway Sears distribution center (200 jobs lost), also in Columbus, Sears Product Rebuild-Call Center (112 jobs lost), Marion Sears Auto Center (at least nine jobs lost), Springfield Kmart #3767 (68 jobs lost), Fairborn Kmart (66 jobs lost), Solon Sears & Auto Center (at least 53 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. Recently revealed Fairlawn Sears Appliance & Hardware, recently revealed Macedonia Sears Appliance & Hardware, recently revealed Lorain Sears Appliance & Hardware, recently revealed Elyria Sears Appliance & Hardware, recently revealed North Olmsted Sears Appliance & Hardware, recently revealed Sheffield Village Sears Appliance & Hardware, recently revealed Akron Sears Appliance & Hardware.

Puerto Rico: Vega Baja Kmart (206 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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

Oklahoma: Quail Springs Mall (it’s official, the Sears closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Business/Economics

Sears & Kmart closing update, 02 March 2015: Lampert calls crashing sales “upbeat” then announces shutdown of 300 more stores! Sears Canada makes money shutting down stores, & yes, taxpayers are screwed over again!

March 2, 2015 Hutchins AAron

“These stores didn’t close because they were poor performing. In fact they were good performing stores, they were good markets for us. The value for early termination of our lease that we were being offered was significant. In round numbers probably 20 times what we could have made in net profit over the course of that time!”-Vincent Power, vice-president of corporate communication Sears Canada

In Canada another Sears shutdown, this time the 24 years old Sears in the Markville Shopping Center in Markham, Ontario. At least 147 jobs lost! Local news reports revealed that Sears Canada did not shutdown the store because of bad sales, in fact the store had good sales. Just like in the United States, Sears is actually making big money by selling-off their store leases.

Sears Holdings claims their Shop Your Way program now accounts for 72% of Sears and Kmart sales. However, for the 4th quarter 2014 Sears still lost $159-million USD! Kmart experienced a 2% drop in sales. Eddie Lampert called the end of year results “…an upbeat note.” But wait there’s more! Now try and understand Lampert’s latest plan to make money for Sears Holdings; he wants to shutdown and sell off 3-hundred more stores, then ‘rent back’ those store spaces from whomever the new owner is! Get it? Bottom line is it means even more job destruction.

A property developer has presented plans to turn the former Clifton Park Kmart, in New York, into a new Town Center with more than 2-hundred apartments as well as retail shops. It’s estimated to cost $50-million, I bet some of that cost will be paid by local taxpayers, after all the main reason developers present such grand plans to city councils to get some kind of tax incentive (and it follows trends elsewhere).

In Wyandotte, Michigan, a vacant Sears Auto Center is being renovated at state and local taxpayer expense. The renovation is estimated to cost taxpayers $1-million & 20-thousand, plus the property developer is getting 15 years worth of tax breaks valued at $2-million (12 years $1.6-million commercial facilities exemption and 15 years $325-thousand neighborhood enterprise zone exemption), plus more tax breaks. And after all that only 56 permanent jobs are expected to be created! How do you like that workers of Michigan? You’re actually paying your future employer!

Virginia losing a large Kmart in May. Local news reports indicate the shutdown was a surprise to management, who posted a sign on the door saying they were being shutdown due to “unforeseen circumstances”.

On 21 January 2015, majority stock holder Fairholme (owned by Jewish vulture capitalist Bruce R. Berkowitz) dumped 117-thousand shares of Sears Holdings stocks! Fariholme made more than $5-million off the dump! Then on 26 February 2015, Fairholme bought back 15-thousand shares, a fraction of what it dumped in January.

update, 25 February 2015: “…it sucks the lifeblood out of whatever…”

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling since the end of 2011:

Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

Guam: Sears Hometown Store.

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

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, Saginaw Kmart on Bay Road, Flint Kmart on Dort Highway (46 jobs lost), Gaylord Kmart (48 jobs lost), Sterling Kmart (58 jobs lost), Bloomfield Township Kmart and Sears, Bad Axe Kmart (61 jobs lost), Ypsilanti Township Kmart (83 jobs lost), Petoskey Kmart (45 jobs lost), Saint John’s Kmart (48 jobs lost), White Lake Township “Store of the Future” Kmart (42 jobs lost), Grand Blanc Kmart (49 jobs lost), Lapeer Kmart (56 jobs lost), Southgate Kmart (155 jobs lost), Detroit’s Telegraph Road Kmart (115 jobs lost), Waterford Township Sears (no word on how many jobs lost), Rochester Hills Kmart (77 jobs lost), ‘perfect Kmart town’ of Port Huron Kmart (188 jobs lost), Flint Kmart on Miller Road (81 jobs lost), Burton Kmart (85 jobs lost), Madison Heights Kmart (179 jobs lost), it’s now official the last remaining Saginaw Kmart (on Gratiot Road) will remain shutdown after its roof collapsed during a snowstorm back in January 2014 (Sears Holdings claims only 18 people worked there at the time of the collapse!), Ann Arbor Kmart (59 jobs lost), Iron Mountain Kmart (54 jobs lost), Bangor Township Sears aka Bay City Mall Sears, the Auto Center was already secretly shutdown some time ago (at least 47 jobs lost), Big Rapids Kmart (about 50 jobs lost). Revealed, vacant Wyandotte Sears Auto Center is being renovated at a cost to taxpayers of $1-million & 20-thousand, plus 15 years worth of tax breaks valued at $2-million!

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

New York: Lindenhurst Sears Hardware, North Babylon Sears Hardware, Hauppauge Sears Hardware, Depew (Lancaster?) Kmart (68 jobs lost), Colonie Kmart (72 jobs lost), Fulton Kmart (51 jobs lost), Clifton Park Kmart (74 jobs lost) now revealed to be turned into a Town Center with more than 200 apartments at an estimated cost of $50-million, Latham Kmart (61 jobs lost), East Greenbush-Rensselaer Kmart (70 jobs lost), Tonawanda Sears Appliance and Hardware, Bronx Sears (91 jobs lost), BBN reader reported that the Ithaca Sears and Auto Center shutdown and one month later it’s been officially confirmed (at least 37 jobs lost), DeWitt Kmart (92 jobs lost), Auburn Sears (51 jobs lost), Massena Sears and Auto Center (51 jobs lost), Staten Island Mall Sears leased out to Ireland’s Primark, Bay Shore Sears and Sears Auto Center (145 jobs lost).

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

Puerto Rico: Vega Baja Kmart (206 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

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), Fairfax Kmart (no word on how many jobs lost), Christiansburg Sears (59 jobs lost), Norfolk Kmart on East Little Creek Road (77 jobs lost), Manassas Kmart (71 jobs lost), Stafford Sears Hometown, Newport News-Denbigh Kmart (at least 50 jobs lost), Wise Kmart (58 jobs lost), Harrisonburg Kmart (79 jobs lost), Wincester Kmart (91 jobs lost), Dale City Kmart (69 jobs lost), Chesapeake Sears and Auto Center (82 jobs lost), Front Royal Kmart (88 jobs lost), Pembroke Mall Sears renting out part of their store to DSW & Nordstrom Rack, Sears Holdings say they’re still looking for a “third tenant” for their occupied space. The current nearby Sears Auto Center will be rented out to REI. Recently revealed Colonial Heights Kmart (113 jobs lost).

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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

Oklahoma: Quail Springs Mall (it’s official, the Sears closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Business/Economics

Sears & Kmart closing update, 25 February 2015: “…it sucks the lifeblood out of whatever…” Kmart gives away millions despite reporting losses! New York 145 jobs lost! Ohio taxpayers spend $16-million turning former Sears into an accelerator!

February 25, 2015 Hutchins AAron

Despite shutting down stores and laying off thousands of people over the years, supposedly because of lack of money, it was revealed that Kmart gave $17.5-million USD to Saint Jude Children’s Research Hospital at the end of 2014. In exchange one of the hospital campus buildings was named after Kmart.

In Florida, the property where a Kmart store sits in Racine sold for $2.5-million. Turns out the property had been foreclosed by the local county Sheriff’s department, even though the Kmart is still open for business! The new owner refused to talk to local news media about their plans for the property/Kmart.

In Louisville, Kentucky, Kroger grocery chain announced they will take over the abandoned Kmart on Dixie Highway. Apparently Kroger wants to turn the old Kmart building into it’s first “marketplace” megastore. This is significant because Kroger has been shutting down grocery stores across the U.S., and basically they’ll be selling the same crap the old Kmart sold!

Sears Canada reports they lost a net $123.6-million CAD at the end of the end of year holiday shopping season, despite pathetic appeals to the public by comedian Mike Myers!

Sears Canada and Hudson’s Bay Company are under investigation for conspiring to price fix mattresses. Government investigators say it looks like the two companies fooled people into thinking they were paying discounted prices when they were really paying ‘full price’.

Bloomberg reports that Sears Holdings is the next U.S. corporation to fail. This is based on credit-swaps: “It’s becoming increasing clear that this year is going to be the tipping point for liquidity. Their underlying retail model remains broken, and if it continues like this, it sucks the lifeblood out of whatever remaining value there is in its real estate.”-James Goldstein, CreditSights

Sears Holdings has canceled their advertising contract with McGarryBrown. The ad rep had been working for Sears since 2011.

In Ohio, the University of Cincinnati plans to spend $16-million (acquired through bond issues and local taxes) to turn an abandoned Sears building into a medical research accelerator!

In Illinois, the vacated Market Place Mall Sears location to be occupied by Dick’s Sporting Goods and Field & Stream.

In New York, a mall that was threatened by militant terrorists is now being hit by vulture capitalist terrorists. In Bay Shore the Jewish owned Westfield South Shore mall is losing the Sears store and Sears Auto Center in May.

update, 17 February 2015: Taxpayers forced to eat $1.8-million!

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling since the end of 2011:

Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

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 in February 2013 (69 jobs lost), Pensacola Kmart on East 9 Mile Road will close in May (73 jobs lost), Hialeah Kmart (67 jobs lost), Bonita Springs Kmart (67 jobs lost), Mount Dora Kmart (100 jobs lost), Lake Mary Kmart, Panama City Beach Kmart (54 jobs lost), Winter Park Kmart (100 jobs lost), Niceville Kmart (59 jobs lost), Winter Haven Kmart (92 jobs lost), Palm Bay Kmart, Oakland Park Kmart (112 jobs lost), Clearwater Sears Auto Center (21 jobs lost), Zephyrhills Kmart (70 jobs lost), Winter Springs Kmart (69 jobs lost), Naples Kmart (72 jobs lost), New Port Richey Kmart (58 jobs lost), ‘redevelopment’ of Aventura Sears & Auto Center into an “open-air village” (unknown how many jobs affected), Kmart on Northeast 108 Street being annexed by Miami Shores, Sears Holdings threatens to shutdown Kmart as a result of higher local taxes, recently revealed the property that an operating Kmart, on South Green Bay Road in Racine, was foreclosed by the local Sheriff and sold-off for $2.5-million, no word on what the new property owner will do with it.

Guam: Sears Hometown Store.

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), Calumet Sears (164 jobs lost), two Sears stores in Grand Crossing area of Chicago (247 jobs lost!), Mount Vernon Sears (68 jobs lost), Moline Sears (at least 60 jobs lost), Homewood Kmart (185 jobs lost), Belvidere Kmart (91 jobs lost?) revealed is now a perpetual closing sale Kmart At A Discount store, Champaign’s Market Place Mall Sears (56 jobs lost), Sterling Kmart (60 jobs lost), Montgomery Kmart (81 jobs lost), Mattoon Sears (more than 40 jobs lost), Chicago Sears on North State Street (160 jobs lost), Chicago Sears Craftsman Experience store, Galesburg Sears (46 jobs lost), White Lake Township Kmart (42 jobs lost), Orland Park Sears Appliance, Collinsville Kmart (84 jobs lost), Crystal Lake Kmart (at least 77 jobs lost), Danville Sears store & Auto Center (63 jobs lost), Forsyth Sears store & Auto Center (45 jobs lost), Peoria Kmart (73 jobs lost), Forest Park Kmart (107 jobs lost), Chicago Sears on North and Harlem avenues, supposedly it’s being replaced (most likely at taxpayer expense) with a new building and it will become a Sears-Mariano’s store, Bloomington Kmart (79 jobs lost), Hoffman Estates Headquarters 100 jobs eliminated, another 15 corporate jobs eliminated elsewhere, Chicago-Wicker Park Kmart (106 jobs lost), recently revealed abandoned Market Place Mall Sears location to be occupied by Dick’s Sporting Goods and Field & Stream. 58 Chicago area stores up for lease or sale. 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.

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), Lexington Fayette Mall Sears (114 jobs lost!), Newport Kmart (81 jobs lost), Cannonsburg Sears and Sears Auto Center (no employee info given), Louisville Dixie Highway Kmart/Sears/Kmart Recently revealed Kroger taking over the building basically to sell the same crap the old Kmart did! Madisonville Kmart (39 jobs lost), Owensboro Sears store & Auto Center (52 jobs lost).

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

New York: Lindenhurst Sears Hardware, North Babylon Sears Hardware, Hauppauge Sears Hardware, Depew (Lancaster?) Kmart (68 jobs lost), Colonie Kmart (72 jobs lost), Fulton Kmart (51 jobs lost), Clifton Park Kmart (74 jobs lost), Latham Kmart (61 jobs lost), East Greenbush-Rensselaer Kmart (70 jobs lost), Tonawanda Sears Appliance and Hardware, Bronx Sears (91 jobs lost), BBN reader reported that the Ithaca Sears and Auto Center shutdown and one month later it’s been officially confirmed (at least 37 jobs lost), DeWitt Kmart (92 jobs lost), Auburn Sears (51 jobs lost), Massena Sears and Auto Center (51 jobs lost), Staten Island Mall Sears leased out to Ireland’s Primark, recently revealed Bay Shore Sears and Sears Auto Center (145 jobs lost).

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

Puerto Rico: Vega Baja Kmart (206 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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

Oklahoma: Quail Springs Mall (it’s official, the Sears closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Business/Economics

Sears & Kmart closing update, 17 February 2015: Profit making Kmart to shutdown? Taxpayers forced to eat $1.8-million!

February 17, 2015 Hutchins AAron

Sears Auto Center is holding a contest for the city with the most potholes, why? Because it means big bucks for them repairing wheel alignments and tires: “The city that records the most submissions will receive an exclusive deal on alignment services for their pothole-ridden city at the end of the program at nearby Sears Auto Centers.”

The Sears at the College Mall in Indiana will be replaced by a Whole Foods grocery store. Apparently this is one of the Sears stores that Sears Holdings swore, last October, was not being shutdown!

The taxpayers of Northport, Alabama, can be proud that their City Council has decided the taxpayers will bend over and get $1.8-million USD in tax incentives yanked outta their arse for the re-development of an abandoned Kmart!

First the Frackville Sears, now the 35 years old Frackville Kmart will shutdown in October. The employees found out this morning!

Missouri losing another Kmart in May. O’Fallon city administrators admitted to local news media they were told about the shutdown last week, but for some reason they said nothing. However, Michael Hurlbert, O’Fallon’s economic development director, implied there was no good reason for shutting down the store because “it was one of the better performing stores in the Saint Louis area.”

update, 16 February 2015: 10-thousand jobs killed off by…..Kmart’s new president….?

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling since the end of 2011:

Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

Guam: Sears Hometown Store.

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), Calumet Sears (164 jobs lost), two Sears stores in Grand Crossing area of Chicago (247 jobs lost!), Mount Vernon Sears (68 jobs lost), Moline Sears (at least 60 jobs lost), Homewood Kmart (185 jobs lost), Belvidere Kmart (91 jobs lost?) revealed is now a perpetual closing sale Kmart At A Discount store, Champaign’s Market Place Mall Sears (56 jobs lost), Sterling Kmart (60 jobs lost), Montgomery Kmart (81 jobs lost), Mattoon Sears (more than 40 jobs lost), Chicago Sears on North State Street (160 jobs lost), Chicago Sears Craftsman Experience store, Galesburg Sears (46 jobs lost), White Lake Township Kmart (42 jobs lost), Orland Park Sears Appliance, Collinsville Kmart (84 jobs lost), Crystal Lake Kmart (at least 77 jobs lost), Danville Sears store & Auto Center (63 jobs lost), Forsyth Sears store & Auto Center (45 jobs lost), Peoria Kmart (73 jobs lost), Forest Park Kmart (107 jobs lost), Chicago Sears on North and Harlem avenues, supposedly it’s being replaced (most likely at taxpayer expense) with a new building and it will become a Sears-Mariano’s store, Bloomington Kmart (79 jobs lost), Hoffman Estates Headquarters 100 jobs eliminated, another 15 corporate jobs eliminated elsewhere, Chicago-Wicker Park Kmart (106 jobs lost). 58 Chicago area stores up for lease or sale. 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.

Indiana: Anderson Sears (at least 40 jobs lost), Saint John Kmart (at least 40 jobs lost), Indianapolis Kmart (at least 40 jobs lost), Richmond Sears (49 jobs lost), South Anthony Kmart (70 jobs lost), Fort Wayne Kmart on South Anthony Boulevard (70 jobs lost), FairOaks Mall Kmart, Logansport Sears (43 jobs lost), Muncie Kmart (59 jobs lost), Fort Wayne Kmart on Coliseum Boulevard North (69 jobs lost), Decatur Kmart (49 jobs lost), Indianapolis Kmart on Madison Avenue (131 jobs lost), Indianapolis Kmart on Washington Street (139 jobs lost), Bedford Kmart (62 jobs lost), Indianapolis (Evansville) Sears & Auto Center at Washington Square Mall (91 jobs lost), Greenwood Kmart (78 jobs lost), Plymouth Kmart (“approximately” 68 jobs lost), recently revealed Bloomington Sears to be replaced by Whole Foods grocery store.

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), Lexington Fayette Mall Sears (114 jobs lost!), Newport Kmart (81 jobs lost), Cannonsburg Sears and Sears Auto Center (no employee info given), Louisville Dixie Highway Kmart/Sears/Kmart, Madisonville Kmart (39 jobs lost), Owensboro Sears store & Auto Center (52 jobs lost).

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

Missouri: Lee’s Summit Sears Grand/Essentials, Saint Louis Sears Full line, High Ridge Kmart (59 jobs lost), Ellisville Kmart (55 jobs lost), Springfield Kmart on South Campbell Avenue (60 jobs lost), South Belt Kmart (64 jobs lost), Florissant Kmart (100 jobs lost), recently revealed O’Fallon Kmart (76 jobs lost).

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

New York: Lindenhurst Sears Hardware, North Babylon Sears Hardware, Hauppauge Sears Hardware, Depew (Lancaster?) Kmart (68 jobs lost), Colonie Kmart (72 jobs lost), Fulton Kmart (51 jobs lost), Clifton Park Kmart (74 jobs lost), Latham Kmart (61 jobs lost), East Greenbush-Rensselaer Kmart (70 jobs lost), Tonawanda Sears Appliance and Hardware, Bronx Sears (91 jobs lost), BBN reader reported that the Ithaca Sears and Auto Center shutdown and one month later it’s been officially confirmed (at least 37 jobs lost), DeWitt Kmart (92 jobs lost), Auburn Sears (51 jobs lost), Massena Sears and Auto Center (51 jobs lost), Staten Island Mall Sears leased out to Ireland’s Primark.

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

Pennsylvania: Upper Darby Sears Full line, Pottstown Sears Full line, Pittsburgh Kmart, Wilkins Sears, Warminster Kmart (85 jobs lost), Shippensburg Kmart (46 jobs lost), Moon Kmart (143 jobs lost), Bethlehem Township Kmart (62 jobs lost), Philadelphia Gallery Mall Kmart (120 jobs lost), Philadelphia Kmart on Orthodox Street and Castor Avenue (169 jobs lost), Levittown/Middle Township Kmart (87 jobs lost), Waynesboro Kmart (43 jobs lost), Sanatoga-Lower Pottsgrove Kmart (65 jobs lost, the store was also advertising for new hires!), West Mifflin Sears store & Auto Center (88 jobs lost), Rochester Kmart (78 jobs lost), Frazer (Pittsburg Mills Mall) Sears and Auto Center (97 jobs lost), Bloomsburg Sears (57 jobs lost), Frackville Sears and Auto Center (84 jobs lost), North Cornwall Township Sears (51 jobs lost), King of Prussia Sears and Auto Center (no word on number of jobs lost), Lebanon Sears (51 jobs lost), Scotland Chambersburg Mall Sears and Auto Center (62 jobs lost), the upper level of the Willow Grove Mall Sears store to be leased by Primark, King of Prussia Sears store leased out to clothing retailer Primark, East Towne Mall Kmart (51 jobs lost), recently revealed Frackville Kmart in the Skuylkill Mall (80 jobs lost).

Puerto Rico: Vega Baja Kmart (206 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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

Oklahoma: Quail Springs Mall (it’s official, the Sears closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Business/Economics

Sears & Kmart update, 16 February 2015: 10-thousand jobs killed off by Tesco, is Kmart’s new president to blame? Kmart gets rid of Super K, get ready for K-Fresh!

February 16, 2015 Hutchins AAron

In Warner Robins, Georgia, it’s been revealed that plans to replace the Kmart were already in place before Sears Holdings made the announcement last Summer. So the whole thing was a deal between Sears Holdings and Texas based At Home (formerly known as Garden Ridge). By the way, the new At Home store still has not opened and Kmart vacated the property in October 2014. On top of that, At Home says they will employ not even half the number of people the Kmart did (25 vs 70).

Sears Holdings has made property deals with At Home as the home decor and garden center is taking over several vacated Kmart locations across the U.S.

The Super Kmart in Chillicothe, Ohio, is now called K-Fresh. The new format store (somewhere in between a Big Kmart and a Super Kmart) also ceased in-house butcher/baker/deli operations which will now be contracted out. The new K-Fresh is no longer open 24 hours. No layoffs were announced, but administrators did say there would be “changes” to staffing. It’s apparently the latest Sears Holdings scheme, now being implemented by Kmart’s new president who previously oversaw the destruction, I mean worked for the British empire grocery chain store Tesco.

Speaking of Tesco, since Alasdair James was appointed president of Kmart his former stead Tesco has announced they must kill off 10-thousand jobs! Tesco is supposed to be the biggest grocery store chain in the United Kingdom, and sales even went up at the end of last year, so for the average Brit this massive job culling is a shocker.

It turns out that while Alasdair James was working at Tesco some shenanigans were going on with the ‘books’. Company administrators revealed that during the first six months of 2014 their reported profits were ‘overstated’, and seven people connected to the overstatement were suspended. Now they say they need to cut $284-million USD per year! Apparently Alasdair James was still commercial director for Tesco when Sears Holdings hired him. James also worked for Tesco’s China operations.

New British empire leader of Kmart spends big bucks on new house!

New executives have track record of destruction?

Business/Economics

Sears & Kmart closing update, 13 February 2015: More closings! Once again, taxpayers stuck with the bill! New British empire leader of Kmart spends big bucks on new house!

February 13, 2015 Hutchins AAron

In New York, the taxpayers of Cattaraugus County are being forced to help fund a $3-million project to turn a vacant Kmart into a ‘tourist attraction’! Officially it’s called a mixed use tourism development.

Reports out of Illinois reveal that the new president of Kmart, Alasdair James (who’s a former British empire Tesco executive), spent $1.9-million USD buying a new home, while stores continue to be shutdown and employees get laid off!

Ever heard of the Sears Holdings Shop Your Way rewards program? It’s really popular with in-house criminals. Two former Kmart employees are accused of creating 3797 fake Shop Your Way accounts! Guess the program wasn’t as popular with real shoppers as Eddie Lampert thought.

In Virginia, the currently operating Pembroke Mall Sears is being replaced with shoe & bag store DSW, Nordstrom Rack and a third unnamed tenant. The nearby Sears Auto Center is being replaced with outdoor store REI, some Auto Center employees told local news they knew nothing about it. Officially Sears Holdings isn’t shutting down, they’ve simply sub-leased their currently occupied space to other retailers.

Pennsylvania losing a 38 years old Kmart, in May.

update, 09 February 2015:Sears turns to Amazon to create giant data center

Here’s the updated list of U.S. Sears/Kmart store closings that I’ve been compiling since the end of 2011:

Arizona: Scottsdale Sears/Great Indoors, Chandler Sears/Great Indoors.

Delaware: Dover Kmart (at least 72 jobs lost, some reports said 100), Seaford Sears (30 jobs lost), Claymont Kmart (87 jobs lost).

Guam: Sears Hometown Store.

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), Calumet Sears (164 jobs lost), two Sears stores in Grand Crossing area of Chicago (247 jobs lost!), Mount Vernon Sears (68 jobs lost), Moline Sears (at least 60 jobs lost), Homewood Kmart (185 jobs lost), Belvidere Kmart (91 jobs lost?) revealed is now a perpetual closing sale Kmart At A Discount store, Champaign’s Market Place Mall Sears (56 jobs lost), Sterling Kmart (60 jobs lost), Montgomery Kmart (81 jobs lost), Mattoon Sears (more than 40 jobs lost), Chicago Sears on North State Street (160 jobs lost), Chicago Sears Craftsman Experience store, Galesburg Sears (46 jobs lost), White Lake Township Kmart (42 jobs lost), Orland Park Sears Appliance, Collinsville Kmart (84 jobs lost), Crystal Lake Kmart (at least 77 jobs lost), Danville Sears store & Auto Center (63 jobs lost), Forsyth Sears store & Auto Center (45 jobs lost), Peoria Kmart (73 jobs lost), Forest Park Kmart (107 jobs lost), Chicago Sears on North and Harlem avenues, supposedly it’s being replaced (most likely at taxpayer expense) with a new building and it will become a Sears-Mariano’s store, Bloomington Kmart (79 jobs lost), Hoffman Estates Headquarters 100 jobs eliminated, another 15 corporate jobs eliminated elsewhere, Chicago-Wicker Park Kmart (106 jobs lost). 58 Chicago area stores up for lease or sale. 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.

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), Lexington Fayette Mall Sears (114 jobs lost!), Newport Kmart (81 jobs lost), Cannonsburg Sears and Sears Auto Center (no employee info given), Louisville Dixie Highway Kmart/Sears/Kmart, Madisonville Kmart (39 jobs lost), Owensboro Sears store & Auto Center (52 jobs lost).

Louisiana: Slidell Sears (77 job lost), Gretna Kmart (94 jobs lost), Metairie Kmart secretly sold off, no word if it will be shutdown.

Maine: Lewiston Sears (60 to 70 jobs lost), Presque Isle Aroostook Centre Mall Sears (63 jobs lost), Aroostook Centre Mall Sears Auto Center leased out to VIP Tires & Service.

Maryland: Ellicott Sears (at least 40 jobs lost), Gaithersburg Sears/Great Indoors, Landover Sears rebuild & call center (115 jobs lost), Baltimore Kmart on Wabash Avenue (107 jobs lost).

Massachusetts: North Reading Sears Hardware store closed, lease not renewed, Milford Kmart (80 jobs lost), Kingston Kmart (73 jobs lost).

Nebraska: Grand Island Kmart (55 jobs lost), Omaha Kmart near West Maple Road (50 jobs lost).

Nevada: Sparks Kmart distribution center (100 jobs lost).

New Hampshire: Nashau Sears Grand/Essentials, Keene Sears Grand/Essentials, Portsmouth Kmart (30 jobs lost), Claremont Kmart (59 jobs lost).

New Jersey: Lawnside Kmart (about 80 jobs lost), Howell Kmart (57 jobs lost), Berlin Kmart, Dover Kmart (92 jobs lost), Randolf Kmart (91 jobs lost), Paramus Kmart (74 jobs lost).

New Mexico: Las Cruces Kmart (58 jobs lost), Albuquerque Kmart on Central SW (80 jobs lost), Rio Rancho Kmart (59 jobs lost).

New York: Lindenhurst Sears Hardware, North Babylon Sears Hardware, Hauppauge Sears Hardware, Depew (Lancaster?) Kmart (68 jobs lost), Colonie Kmart (72 jobs lost), Fulton Kmart (51 jobs lost), Clifton Park Kmart (74 jobs lost), Latham Kmart (61 jobs lost), East Greenbush-Rensselaer Kmart (70 jobs lost), Tonawanda Sears Appliance and Hardware, Bronx Sears (91 jobs lost), BBN reader reported that the Ithaca Sears and Auto Center shutdown and one month later it’s been officially confirmed (at least 37 jobs lost), DeWitt Kmart (92 jobs lost), Auburn Sears (51 jobs lost), Massena Sears and Auto Center (51 jobs lost), Staten Island Mall Sears leased out to Ireland’s Primark.

North Dakota: Jamestown Kmart (45 jobs lost), Dickinson Kmart (41 jobs lost, despite a “Now Hiring” sign on the front of the store).

Pennsylvania: Upper Darby Sears Full line, Pottstown Sears Full line, Pittsburgh Kmart, Wilkins Sears, Warminster Kmart (85 jobs lost), Shippensburg Kmart (46 jobs lost), Moon Kmart (143 jobs lost), Bethlehem Township Kmart (62 jobs lost), Philadelphia Gallery Mall Kmart (120 jobs lost), Philadelphia Kmart on Orthodox Street and Castor Avenue (169 jobs lost), Levittown/Middle Township Kmart (87 jobs lost), Waynesboro Kmart (43 jobs lost), Sanatoga-Lower Pottsgrove Kmart (65 jobs lost, the store was also advertising for new hires!), West Mifflin Sears store & Auto Center (88 jobs lost), Rochester Kmart (78 jobs lost), Frazer (Pittsburg Mills Mall) Sears and Auto Center (97 jobs lost), Bloomsburg Sears (57 jobs lost), Frackville Sears and Auto Center (84 jobs lost), North Cornwall Township Sears (51 jobs lost), King of Prussia Sears and Auto Center (no word on number of jobs lost), Lebanon Sears (51 jobs lost), Scotland Chambersburg Mall Sears and Auto Center (62 jobs lost), the upper level of the Willow Grove Mall Sears store to be leased by Primark, King of Prussia Sears store leased out to clothing retailer Primark, recently revealed East Towne Mall Kmart (51 jobs lost).

Puerto Rico: Vega Baja Kmart (206 jobs lost).

Vermont: Rutland Sears store & Auto Center (65 jobs lost).

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), Fairfax Kmart (no word on how many jobs lost), Christiansburg Sears (59 jobs lost), Norfolk Kmart on East Little Creek Road (77 jobs lost), Manassas Kmart (71 jobs lost), Stafford Sears Hometown, Newport News-Denbigh Kmart (at least 50 jobs lost), Wise Kmart (58 jobs lost), Harrisonburg Kmart (79 jobs lost), Wincester Kmart (91 jobs lost), Dale City Kmart (69 jobs lost), Chesapeake Sears and Auto Center (82 jobs lost), Front Royal Kmart (88 jobs lost), recently revealed Pembroke Mall Sears renting out part of their store to DSW & Nordstrom Rack, Sears Holdings say they’re still looking for a “third tenant” for their occupied space. It was also revealed that the current nearby Sears Auto Center will be rented out to REI.

West Virginia: Oak Hill Kmart (59 jobs lost), Morgantown Kmart (100 jobs lost), Bluefield Sears store & Auto Center (64 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

Oklahoma: Quail Springs Mall (it’s official, the Sears closed, see above)

Hawaii: Ala Moana Center (closed, see above)

Washington: Bellis Fair Mall (Bellingham store, see above)

Minnesota: Apache Mall (see update above, GGP will close Sears store by 2014)

Illinois: Market Place Shopping Center (see update above, GGP closing store)

Blind Bat News

Tag Archives: sears

Sears & Kmart closing update, 07 April 2015: Lampert speeds up shutdowns! 254 stores going down?

Sears & Kmart update, 25 March 2015: Proof Illinois taxpayers bailed out Sears! Sears Hometown gets remodeled! Property developer kills off Kmart replacement!

Sears & Kmart closing update, 20 March 2015: New York rebuild center shutting down? Florida Kmart going down! Georgia Kmart going down, but Sears denies it!

Sears & Kmart closing update, 10 March 2015: Montana city losing, yet gaining Sears store? After 13 years abandoned Kmart finally has new tenant!

Sears & Kmart closing update, 04 March 2015: At least seven Appliance & Hardware stores shutting down! More taxpayers paying for abandoned Kmarts!

Sears & Kmart closing update, 02 March 2015: Lampert calls crashing sales “upbeat” then announces shutdown of 300 more stores! Sears Canada makes money shutting down stores, & yes, taxpayers are screwed over again!

Sears & Kmart closing update, 25 February 2015: “…it sucks the lifeblood out of whatever…” Kmart gives away millions despite reporting losses! New York 145 jobs lost! Ohio taxpayers spend $16-million turning former Sears into an accelerator!

Sears & Kmart closing update, 17 February 2015: Profit making Kmart to shutdown? Taxpayers forced to eat $1.8-million!

Sears & Kmart update, 16 February 2015: 10-thousand jobs killed off by Tesco, is Kmart’s new president to blame? Kmart gets rid of Super K, get ready for K-Fresh!

Sears & Kmart closing update, 13 February 2015: More closings! Once again, taxpayers stuck with the bill! New British empire leader of Kmart spends big bucks on new house!

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