Which sears stores are closing in 2018




















A timeline of its rise and fall. Here is the list of new store closings, according to the court filing. In parentheses: other entities listed as lease assignee or co-tenants :. Facebook Twitter Email. This gym is actually opening studios during the pandemic. Macy's unveils holiday window display with gratitude theme.

It's official: Black Friday is irrelevant. See what's new inside Walmart stores. Dollar General's business is booming. It's also vulnerable to crime, police say. Store closures are expected to hit a five-year low. But it's not all good news. Transformco, which acquired Sears Holdings after the company filed for bankruptcy in , confirmed its plans to redevelop the property. ESL Investments owns about 19 percent. Further asset sales may reduce debt, but they would not put the company on a sound financial footing nor would they solve the operating losses the group is racking up.

Data on Sears locations was provided by AggData. This map shows all the locations Sears once operated and what it has left today John W.

Schoen Lauren Thomas Lauren Hirsch. Since Sears Holdings filed for bankruptcy in , the retailer has closed hundreds of additional locations. At some point, the retailer will run out of stores to close. Michael Lisicky reported for Forbes on Jan. Three more stores have been added to the closure list since. As Sears quietly disappears, more mall anchor spaces go dark. While a competitor closing a store can free up market share for rivals, it also hurts the overall health of a shopping center.

Penney, for example, tried to capitalize on Sears' slow-motion liquidation by taking on appliance sales under former CEO Marvin Ellison. Under Jill Soltau who recently departed , Penney reversed course. Moreover, the retailer did not seem to benefit generally from Sears closures. Its sales have steadily declined in recent years as Sears disappeared — a dismal trend for Penney that led to Chapter 11 and acquisition by major landlords last year.

Follow Ben Unglesbee on Twitter. As the industry puts behind them, here's a look at some of the players that made notable comebacks this year.



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