Sears which stores are closing
Transformco did not immediately respond to USA TODAY's request for comment on how many stores would remain after the closings, information about liquidation sales and an official closure list. The company has not posted a list of store closures since November when it announced 96 stores would shutter by February At that time, the company said it would operate stores after the closures. There have been additional closings but no large announcements have been made since Both chains were owned by Sears Holdings, which filed for Chapter 11 bankruptcy protection in and narrowly escaped liquidation in early They were sold to their longtime investor and CEO, Eddie Lampert, who has kept them alive on a shoestring budget under the company name Transformco.
Sears and Kmart have closed more than 3, stores and cut about , jobs in the past 15 years. Transformco announced in a mid-January news release that it completed the sale and assignment of five closed Kmart stores to Target.
Scott Carr, president of Transformco Properties, said the company "continues to pursue opportunities to create value from its real estate portfolio and to partner with retailers, property owners and communities as part of the ongoing reinvention of retail real estate.
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You can unsubscribe at anytime. Sign up A valid email address is required. Stores not purchased by Transformco were liquidated, and many that Transformco did buy have since been shuttered. At its peak, Sears operated more than 3, stores, but there are currently just Sears and Kmart stores still open in the U. They had the warehouses, the catalog sales, the customer data, the financial credit cards — all of it.
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Walmart is simple? Since when? Walmart, Home Depot and Lowes killed Sears. Rancho Cucamonga has closed. Pingback: What happened to Sears customer service? Pingback: What occurred to Sears customer support?
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