News Sears Holdings announces another 78 store closings

Discussion in 'The Howard Stern Show' started by Ben Dover, Apr 22, 2016.

  1. Ben Dover

    Ben Dover Well-Known Member

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    68 Kmart stores, 10 Sears stores.

    Merging with Kmart has to be the dumbest move Sears has ever made. Within 10 years, they'll all be gone

    78 Sears, Kmart stores to close

    Trying to cut its way to profitability, troubled Sears Holdings announced Thursday that it will close 68Kmart and 10 Sears stores this summer in its latest move to cut losses.

    Sears' (SHLD) move (see the list of the stores) comes atop a previous announcement that it will close 50 other stores. Sales have been falling and Sears had a disappointing holiday sales season.

    "The decision to close stores is a difficult but necessary step as we take aggressive actions to strengthen our company, fund our transformation and restore Sears Holdings to profitability," said Sears Holdings CEO Edward Lampert in a statement.

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    USA TODAY

    List of Sears, Kmart stores closing across the U.S.


    All of the Sears stores and nearly all of the Kmart stores will close in late July, the retailer said. Two Kmart stores will close in mid-September. The closing Kmart and Sears stores will hold liquidation sales starting May 12 and April 29.

    Those proceeds from those sales, along with some revenue from subleasing closed stores, are considered "important steps," along with $1.2 billion in debt financing, aimed at restoring profitability, Sears said. Sears Holdings reported a loss of $580 million in the quarter ended Jan. 30, compared with a loss of $159 million in the year-ago quarter.

    Sears shares rose in after-hours trading, up 6.3% to $19.15 a share, up $1.14, after having fallen 3.4% during the trading session on Thursday.

    Workers being laid off at the closed stores will be able to apply at stores that remain open, the company's statement said.
     
  2. SuperFarts

    SuperFarts Well-Known Member

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    That aint cool man.

    I'm going to study the following pic in protest:


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  3. Vidiot

    Vidiot Well-Known Member

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    They're fucked.

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  4. LaserT

    LaserT You have to have fun. Gold

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    Last edited: Apr 22, 2016
  5. UpInSmoke123

    UpInSmoke123 Well-Known Member

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    The last time I went to a Sears, it was creepy how empty it was. No employees, no customers. Dust everywhere. Half the light bulbs burnt out. It felt like a building in Fallout.
     
  6. JameGumb

    JameGumb We're all out of toner!

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    As in, we're closing shit and moving it to China and Mexico? You'd have to be an idiot or @Chriza to support this.
     
  7. holly1975

    holly1975 Treasure Valley's Greatest Treasure Gold

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    When was the last time you were in a KMart? It's fucking depressing. And they're usually kinda nasty.
     
  8. reno

    reno VIP Extreme Gold

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    They had a Kmart near work in a strip mall. One day it was gone. I would say 80% of the strip mall is closed. They still have a Staples there. I'd miss it if it was gone. I guess the Walmart down the road killed them.
     
  9. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    last time I was in the sears they had some nice furniture
    I didn't buy any though--I was there to get a battery in my watch
     
  10. floplop

    floplop Well-Known Member

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    As a kid we used to study the sears catalog like it was the bible. how times have changed.
     
  11. BethsBraneCell

    BethsBraneCell Sandy Cunt Banned User

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    The wife and I were in the one here a couple weeks ago and we couldn't find one person to help us. We went to the service desk and the lady basically said to us That there was nobody working on the floor and "Too bad, so sad." Glad to see it is on the closing list.
     
  12. Lemmy

    Lemmy Douchebag Extraordinaire Gold

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    The bra section was the best. :yes:
     
  13. kev

    kev Well-Known Member

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    Crazy. As a kid I remember going to a ton of different stores to buy stuff, most are gone now. Zayre, Ames, Caldor, Bradlees. Malls are dead too. When's the last time anyone's been in a JCPenney? Walmart and Amazon laugh at Caldor
     
  14. Joe Bauers

    Joe Bauers Well-Known Member

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    Hey Montgomery Wards Closed ! :pissed:


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  15. Joe Bauers

    Joe Bauers Well-Known Member

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    Alabama

    Sears / 700 Quintard Dr., Oxford
    Kmart / 5980 Chalkville Mountain, Birmingham, AL
    Kmart / 1101 Beltline Road, Decatur AL
    Kmart / 230 Green Springs Hwy, Homewood
    Kmart / 450 Z Schillingers Road, Mobile

    Arizona

    Kmart / 300 West Mariposa Road, Nogales

    Arkansas

    Sears / 600 S University Ave., Little Rock

    California

    Kmart / 2270 East El Monte Way, Dinuba
    Kmart / 520 S Cherokee Lane, Lodi
    Kmart / 1475 Hillman Street, Tulare
    Kmart / 2785 Highway 46, Wasco

    Connecticut

    Kmart / 44 Providence Pike, Putnam

    Florida

    Sears / 9501 Arlington Expy., Jacksonville
    Kmart / 9600 San Jose Blvd., Jacksonville
    Kmart / 500 Atlantic Blvd, Neptune Beach
    Kmart / 1809 Byron Butler Parkway, Perry

    Illinois

    Kmart / 7050 S Pulaski, Chicago
    Kmart / 2721 N Vermillion Street, Danville
    Kmart / 1150 W Carl Sandburg Dr., Galesburg
    Kmart / 17355 Torrence Ave., Lansing
    Kmart / 2909 Court St., Pekin
    Kmart / 3840 46th Ave, Rock Island

    Indiana

    Kmart / 3216 E Third Street, Bloomington
    Kmart / 3525 Grantline Rd., New Albany

    Kansas

    Kmart / 1320 E 30th Ave., Hutchinson

    Kentucky

    Kmart / 1809 N Dixie Hwy., Elizabethtown
    Kmart / 4025 Poplar Level Rd., Louisville
    Kmart / 3911 Taylorsville Rd., Louisville
    Kmart / 1581 US 68 South, Maysville
    Kmart / 344 North Mayo Trail, Paintsville

    Louisiana

    Sears / 5953 W Park Ave., Houma
    Kmart / 2985 Cottingham Expwy., Pineville

    Massachussetts

    Kmart / 10 Main Street, Tewksbury

    Michigan

    Sears / 6810 Eastman Ave., Midland
    Kmart / 8171 W Houghton Lake Dr., Houghton Lake
    Super K* / 21111 Van Born Rd., Taylor

    Missouri

    Kmart / 11978 St Charles Rock Rd., Bridgeton
    Kmart / 1930 E Kearney Street, Springfield

    Mississippi

    Kmart / 118 Highway 72 West, Corinth

    Montana

    Kmart / 2424 Central Ave., Billings

    North Carolina

    Kmart / 804 N Broad Street, Brevard
    Kmart / 3580 East Franklin, Gastonia
    Kmart / 2750 Roberts Avenue, Lumberton
    Kmart / 10500 Centrum Parkway, Pineville
    Kmart / 720 Sutter Creek Blvd., Rocky Mount

    Nebraska

    Kmart / 3001 West 12th, Hastings

    New York

    Sears / 200 Medley Centre Parkway, Irondequoit
    Sears / 60 Smithfield Blvd, Plattsburgh
    Kmart / 838 South Road, Poughkeepsie
    Kmart / 3049 W. Ridge Rd., Rochester

    Ohio

    Sears / 1377 Marion Waldo Rd., Marion
    Super K / 3315 N Ridge E., Ashtabula
    Kmart / 1705 North Barron Street, Eaton
    Kmart / 1825 North State Route 19, Fremont
    Kmart / 2250 Harding Hwy., Lima
    Super K* / 5350 Leavitt Road, Lorain
    Kmart / 625 West Central Avenue, Springboro

    Pennsylvania

    Sears / 101 Clearview Cir., Butler
    Sears / 2500 W State St., New Castle
    Kmart / 2660 Constitution Blvd., Beaver Falls
    Kmart / 8800 Frankford Ave., Philadelphia
    Kmart /3000 McIntyre Square Dr., Pittsburgh
    Kmart / 1775 S Braddock Avenue, Pittsburgh
    Kmart / 3045 Fifth Street Hwy., Reading
    Kmart / 99 Matthews Drive, Uniontown

    South Carolina

    Kmart / 2209 West Dekalb, Camden

    South Dakota

    Kmart / 1000 18th St SW, Huron
    Kmart / 2210 Broadway Avenue, Yankton

    Tennessee

    Kmart / 1802 Decatur Pike, Athens
    Kmart / 945 McCammon Ave., Maryville
    Kmart / 902 S. Main Street, Sweetwater

    Texas

    Kmart / 11330 Montwood Dr., El Paso
    Kmart / 1405 East Expressway 83, Mission
    Kmart / 210 SE Georgia Ave., Sweetwater

    Utah

    Kmart / 1055 East Draper Pkwy., Draper
    Kmart / 610 West Price River Dr., Price
    Kmart / 1442 W 90th South, West Jordan

    Wisconisn

    Kmart / 1275 Bell Avenue, Hartford
     
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  16. potroast

    potroast Well-Known Member

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    If my K Mart closes I'm fucked.

    Sad but true.
     
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  17. yaddc

    yaddc Well-Known Member

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    Sears by me in jersey sucks , you can never find a person working there. I remember as a kid they had one of the best stores
     
  18. GoshGeeGolly

    GoshGeeGolly VIP Extreme Gold

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    RIP Sears K-Mart
     
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  19. bossofbam

    bossofbam Well-Known Member

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    They're desperation is my gain. I signed up for a 30 day trial of their version of Prime membership. After the 30 days, they extended it for another 90 days for free. That was up today and they just extended it for another 90 days.
     
  20. Joe Bauers

    Joe Bauers Well-Known Member

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    I'm partially responsible, I'm sorry..:sorry:
    I buy almost everything online,
     
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