jh-siesta.com
jh-siesta.com January 21, 2018


More than 100 Sears, Kmart stores to close

08 January 2018, 01:59 | Sherry Padilla

2 Michigan stores in new round of Sears & Kmart closings

Kmart in Portland will close in 2018

Sears Holdings announced Thursday it will close more than 100 Sears and Kmart stores in the next few months. The entire department store sector is suffering as internet sales intensify. Closeout sales begin at affected locations next week.

Eligible associates impacted by these store closures will receive severance and will have the opportunity to apply for open positions at area Kmart or Sears stores. While Lubbock's Sears location is not on the chopping block, three Texas locations are.

As the rise of e-commerce spearheaded by Amazon and Walmart continues, businesses like Sears Holdings aren't keeping up.

The Kmart store in Paducah will close soon.

The trend is one that's continuing for Sears.

Sears Holdings Corp. announced Thursday that it is taking measures to turn around its business. Now, that number is closer to 1,000.


Earlier Thursday, Macy's Inc. announced it was closing 11 stores early this year.

Liquidation sales at the stores will begin as soon as January 12, according to Hoffman Estates, Ill. -based Sears Holdings. With its lack of merchandise, Sears failed to distinguish itself from other retailers, she said.

In late 1989, Sears moved from that location to be one of the original anchors in the then-new Gateway Mall.

Sears has been selling off some its real estate and brands as it tries to raise cash.

At the time, Sears said it had no plans to close the store. Macy's and J.C. Penney have also been shuttering hundreds of stores. "A lot of people do online shopping nowadays".



Other News

Trending Now

South Korea offers to talk with North on Olympics cooperation
But he also hinted at diplomatic overtures to South Korea amid increasingly crippling sanctions. Tension has been rising between the United States and North Korea in recent months.

Gift-wrapped horse manure prompts bomb scare at United States treasury secretary's LA home
LAPD West Los Angeles Area Watch Commander Rob Weise reported that Mnuchin was not forced to evacuate his home. US Secret Service told CNN they were aware of the incident but referred all questions to the LAPD.

Will Prince Harry Invite Barack Obama To His, Meghan Markle's Royal Wedding?
Her overall look was sophisticated and stylish with a modern twist. They plan to Wednesday on May 19, 2018, at Windsor Castle.

Multiple deputies down following domestic disturbance call at Colorado apartment complex
Authorities say an emergency shelter has been set up for those displaced by the shooting. There was no immediate word on the condition of the injured officers or civilians.

Bill to replace Medical Council to benefit profession
The medicos went on a protest march from Power House Chhak to Raj Bhawan Square holding banners and placards. According to it, the 15% seats of the private medical colleges will be decided by the management of fees.

Scotland braces for Storm Eleanor
Temperatures in the afternoon will be 7 to 9 degrees and will feel much colder in the strong westerly winds. The rest of the country is subject to a status yellow warning.

CHP officer killed when SUV hit by possible drunk driver
The officers were stopped as part of their efforts to patrol the highway, which involves using tools such as radar, Sanchez said. Officials from the CHP Golden Gate confirmed the "tragic line of duty death" via Twitter on Christmas morning.

Blink, A Smart Camera and Doorbell Startup, Bought By Amazon
Amazon , the global e-commerce giant, has acquired Blink - the maker of wireless connected home security camera and doorbell. The company's plan is to also release a full home security system at some point in the near future.

Padmavati to release in March 2018 with 26 cuts, new name
It was initially supposed to be released on 1st December, however, the release date was postponed for an uncertain time. The censor board's certificate will be issued once these changes are made and the movie re-examined.

Sony Xperia XA2, XA2 Ultra, and L2 leaked images show off bezels
While the rear camera will be identical to the XA2, the XA2 Ultra will sport 15MP dual-selfie cameras on the front. Sony's mid-range XA line is now on its third-generation with the XA2 and XA2 Ultra (via VentureBeat ).