Sears eau claire closing

Sears closing in Eau Claire mall

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Sears Holding Corp. announced Thursday that it will be closing at least 63 of its stores, but the Eau Claire location will remain open.

When the company, which operates Sears and Kmart, posted a list on its corporate website of stores that will be closing, it did not include the Oakwood Mall Sears anchor store or any of the company’s other locations in Wisconsin.

And while the Hoffman Estates, Ill.-based company said Thursday morning in its quarterly financial report that 72 stores would be closing, the list posted during the afternoon stated that a small number of those are being further evaluated.

The company did notify associates at 15 Kmart stores and 48 Sears stores that those locations would be closing in early September. Eligible employees at those stores will get severance and the opportunity to apply for open jobs at other stores owned by the company.

The nearest locations that will be closing are in Minnesota — a Sears store in Brooklyn Center, and a Sears and a Kmart store in Duluth.

In its first-quarter financial report, the retailer posted a $424 million net loss in the three-month period that ended May 5. A year ago, the company had a $245 million profit for the first quarter of 2017, but that included $492 million the company received from selling its Craftsman brand.

After this round of closures, the company will have about 800 stores, down from about 1,000 at the end of last year and far below the 2012 peak of 4,000 stores.

Sales at established stores, a key gauge of a retailer’s health, tumbled nearly 12 percent in the first quarter, down 9.5 percent at Kmart stores and 13.4 percent at Sears.

The Associated Press contributed to this report.

Personal Finance

Sears is closing its last Chicago store

Sears is swinging the ax again. The struggling retailer announced plans to close another 46 Sears and Kmart stores.

The company has already closed more than 100 stores this year — including the last remaining Sears in its hometown of Chicago — as it attempts to stem losses.

Employees at 13 Kmart stores and 33 Sears stores were notified that their locations would close by November.

When Sears and Kmart merged in 2005, they had about 3,500 US stores between them. About 900 US stores remain, and more closings are likely.

“We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as needed,” the company said in a statement.

Liquidation sales at some of the stores will start as soon as August 30.

Sears has lost $11.2 billion since 2010, its last profitable year and sales have plunged 60% in that time.

The company has been looking at selling assets as a way to raise money. In August, CEO and majority shareholder Eddie Lampert offered to buy the company’s Kenmore appliance brand for $400 million, and its Sears Home Services division for between $70 million and $80 million.

Lampert said he also plans to negotiate with lenders to try to extend the repayment schedule for some of Sears’ debt.

Shares of Sears (SHLD) have plunged 85% in the the last year. The stock hit an all-time low of $1.09 in trading Thursday on the store closing news, and while it later climbed off that low, the stock was still down more than 5% in mid-afternoon trading.

Stores set to close:

Kmarts:

Spring Valley, California,

Clovis, California,

Antioch, California

Los Angeles, California (at 6310 W. 3rd Street)

Milford, Connecticut

Newark, Delaware

Steger, Illinois

Cape Girardeau, Missouri

Columbus, Mississippi

Riverhead, New York

Gresham, Oregon

Scott Depot, West Virginia

Gillette, Wyoming

Sears:

Flagstaff, Arizona

Santa Cruz, California

Grand Junction, Colorado

Tampa, Florida (at University Square Mall)

Doral, Florida

Naples, Florida

Savannah, Georgia

Atlanta, Georgia

Brunswick, Georgia

Bloomington, Illinois

Fort Wayne, Indiana

Florence, Kentucky

Hammond, Louisiana

Holyoke, Massachusetts

Taunton, Massachusetts

Jackson, Michigan

Crabtree, North Carolina

Salem, New Hampshire

Manchester, New Hampshire

Mays Landing, New Jersey

Victor, New York

Glen Falls, New York

New Hyde Park, New York

Dayton, Ohio

Cincinnati, Ohio (at Northgate Mall)

Happy Valley, Oregon

Houston, Texas (at Memorial City Mall)

Bryan, Texas

West Jordan, Utah

Fairfax, Virginia

Vancouver, Washington

Eau Claire, Wisconsin

La Crosse, Wisconsin

CNNMoney (New York) First published August 23, 2018: 8:29 AM ET

PORTLAND – At the beginning of the year, Sears Holdings announced that it would be closing 103 Sears and Kmart stores by April due to declining sales. Portland’s Kmart was included on that list.

The retail spot has since been shut down and the massive 90,000-square -foot building sits empty, with the giant logo removed and the windows boarded up.

At a recent Portland Garden Club meeting, mayor Cathy Skurow addressed the issue of the large space, which has been sitting empty for months now.

“There is a lease that Kmart continues to pay and that lease is for almost three more years,” Skurow said. “Here’s the problem. We have to find a tenant or several tenants that can break up the almost 90,000 square feet of retail and is willing to pay more than the lease that they’re currently getting.”

Skurow said that while the city can help facilitate new businesses thinking about coming into Portland, the city doesn’t necessarily go out and seek new business. She said the Kmart has a private contract and until they first can come to some sort of agreement, the city is simply stuck in the middle.

“Kmart was about $2,000 in sales tax for Portland and we’re waiting to see, because we believe that most of those shoppers have diverted to Walmart, but we do know for sure that some did not and are going on to the Kmart in Corpus Christi who are the true diehard Kmart shoppers,” Skurow explained.

Another issue that comes with the closing of the store is every year around Christmas time, county schools would select elementary and intermediate students to participate in the December shopping spree at Kmart.

Each student is given a $40 budget and is assigned a teacher, high school football player, National Honor Society student or student council member to help their assigned student buy clothes, shoes and/or toys.

Sinton ISD School/Community Relations Eileen K. Troup said, “This event is sponsored by Sinton for Youth with the assistance of the Corpus Christi Caller Times Christmas Sharing Appeal.

“No decision has been made about this year at this time.”

Memphis, TN Kmart

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The After Completion of Therapy (ACT) Clinic and clinics for Infectious Diseases, Hematology, Hepatology, and Endocrine are located in the Kmart St. Jude Life Center. Patients in these clinics have their primary visits in the Kmart St. Jude Life Center. It is open Monday through Friday 7 am–5 pm.

St. Jude takes findings from our research labs and translate (turn) them into patient treatments. Many researchers at St. Jude work to create new drugs, vaccines, and other methods for preventing or treating diseases. Research studies with patients are held in the St. Jude Life Center.

Sometimes people in the community take part in studies. At times you may see adults and children who are not usual St. Jude patients at the Kmart St. Jude Life Center. But just because your child has a planned visit in this building does not mean he will take part in one of these studies.

The Kmart St. Jude Life Center is located in the long, red building next to the Barry/Longinotti Building north of the hospital. Shuttle bus service is offered throughout the day between the Patient Care Center, the Chili’s Care Center, and the Kmart St. Jude Life Center.

The Kmart St. Jude Life Center is one of the elements that makes St. Jude one of the world’s premier centers for research and treatment of catastrophic diseases in children.

The retailer announced on Tuesday that it planned to “accelerate” the closing of at least 50 “unprofitable stores.” Sears, which also owns Kmart, originally planned to close the stores over the next few months, but poor sales have sped up the timeline.

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Sears to close Southland Mall location

The retailer announced on Tuesday that it planned to “accelerate” the closing of at least 50 “unprofitable stores.” Sears, which also owns Kmart, originally planned to close the stores over the next few months, but poor sales have sped up the timeline.

NEW YORK — Say goodbye to another 40 Sears and Kmart stores.

Sears Holdings, the bankrupt parent company of the two retailers, said Thursday that 11 Kmart locations and 29 Sears stores will close their doors in February 2019 — adding to the nearly 200 locations the company has already said will shut down in coming months.

The closures are part of Sears Holdings’ efforts to drastically reduce costs and find a viable way forward as it moves through bankruptcy proceedings. The company has been struggling for several years and is drowning in debt.

Liquidation sales at the 40 locations “are expected to begin late next week,” the company said.

Sears Holdings operated about 1,000 stores as recently as February but has been shuttering underperforming stores. When the company filed for bankruptcy last month, it said it only had about 400 stores that could turn a profit. Now, it’s in the process of shedding more dead weight.

In its bankruptcy filing, Sears named 142 of its worst-performing stores that would shut down in the coming months. That was in addition to 46 stories already pegged for closure.

The company will have less than 500 Sears and Kmart stores left open after the additional closures.

Here’s the list of the 40 stores Sears announced would close Thursday, by state or US territory:

Alaska

Sears: Airport Way, Fairbanks

Arizona

Sears: 4604 E Cactus Road, Phoenix

California

Kmart: 26471 Ynez Road, Temecula

Sears: La Cumbre Plz, Santa Barbara

Connecticut

Sears: 470 Lewis Ave, Meriden

Florida

Sears: 801 N Congress Ave, Boynton Beach FL

Sears: 3342 Nw Federal Hwy Us#1, Jensen Beach

Illinois

Kmart: 3443 W Addison, Chicago

Kmart: 3250 Clear Lake Road, Springfield

Idaho

Sears: 2300 E 17Th St, Idaho Falls

Indiana

Sears: Marquette Mall, Michigan City

Maine

Kmart: 18 Elm Plaza, Waterville

Maryland

Sears: 7103 Democracy Blvd., Bethesda

Michigan

Sears: 5575 B Drive N, Battle Creek

Mississippi

Sears: 1740 Bonita Lakes Circle, Meridian

Sears: 1001 Barnes Crossing Road, Tupelo

Nebraska

Sears: 3404 W 13Th St, Grand Island

New York

Kmart: 805 New York Ave, Huntington

Sears: 3065 Route 50, Saratoga Springs

Sears: 21182 Salmon Run Mall, Watertown

Nevada

Sears: 4355 Grand Canyon Dr Las Vegas

North Carolina

Sears: 3320 Silas Creek Pkwy Winston Salem

Ohio

Sears: 987 E Ash St, Piqua

Pennsylvania

Kmart: 7101 Roosevelt Blvd, Philadelphia

Kmart: 1901 Lincoln Hwy, North Versailles

Sears: 1665 State Hill Road Reading, Wyomissing

Sears: 344 Stroud Mall, Stroudsburg

Puerto Rico

Kmart: Castro Perez Ave (Pr 122), San German

Kmart: 100 Ave. San, Patricio Guaynabo / San Juan

Kmart: Betamces 400, Las Catalinas Mall, Caguas

South Carolina

Sears: 2197 Dave Lyle Blvd, Rock Hill

Tennessee

Sears: Southland Mall, Memphis

Sears: 401 Northgate Mall, Chattanooga

Sears: 198 Foothills Mall, Maryville

Sears: 1720 Old Fort Pkwy, Murfreesboro

Texas

Sears: 750 Sunland Park Dr, El Paso

Sears: Longview Texas Mall, Longview

Virginia

Sears: 10101 Brook Road, Glen Allen / Richmond

Wisconsin

Sears: 2500 Milton Ave, Janesville

Kmart: 6077 S Packard Avenue, Cudahy