• News
  • World Media

Sears to close Prices Corner store

Sears to close Prices Corner store

The chain closed more than 350 locations a year ago, leaving only 597 Sears stores and 610 Kmart locations in the U.S.

The stores are set to close in early April of this year.

Sears said it notified employees Thursday and the company will offer severance to eligible employees.

At its peak in the 2000s, there were 3,500 Sears stores and 2,171 Kmart locations throughout the country.

Sears declined to specify how many employees will be displaced by the latest round of store closings.

The Sears store in Hanford is shutting its doors.




Perkins said the once-iconic department store has had just one quarter of positive same-store sales growth in the last 12 years.

Two Kmart stores in MI are set to close by early April as part of a new round of store closures around the country, parent company Sears Holdings Corp. announced Thursday. Sears Canada, of which Sears Holdings owns 10 percent, filed for bankruptcy in June and is in the process of liquidation.

There are Sears locations remaining open at Castleton Square Mall and in Greenwood.

The Kmart store in Chehalis is on the April closure list.

Another former anchor, Nordstrom, closed its Lloyd Center store in January 2015. Those chains reported sales growth for the key November and December period.

The news follows on the heels of Macy's announcement it is closing its store in downtown Burlington, as brick-and-mortar retail continues to be battered by online shopping.

Leave Your Comment

Leave Your Comment


Latest News

Breaking News



Recommended

Husted Reacts To End Of Trump's Election Commission

He followed that up with another tweet asking Americans to "push hard for voter identification". Several states had refused to cooperate with the commission , a White House statement said.

Jimmy Iovine is allegedly leaving Apple in August

The Bloomberg report says that Iovine's tendency to "trust his gut" has led to conflict within Apple . There's just a problem here that needs some sort of solution, and I want to contribute to it.

David Letterman returns to TV with Obama interview

The hourlong series will premiere next Friday, and five subsequent episodes will bow monthly through the first half of the year. Obama's appearance on the new show marks the former president's first television interview since leaving office previous year .

Sony Xperia XA2, Xperia XA2 Ultra, Xperia L Designs and Specifications Leaked

First, you can see the fingerprint scanner (Sony smartphones it's usually built into the power button on the side). To start with the Xperia XA2 and Xperia XA2 Ultra , both the smartphones will share a similar design language.

One tourist killed, 12 injured in hot-air balloon crash in Egypt

The Egyptian Aviation Authority confirmed 19 people were injured in the crash, which took place at about 7:30 a.m. local time. Interested in Egypt? Add Egypt as an interest to stay up to date on the latest Egypt news, video, and analysis from ABC News.

North Korean leader begins new year with threats against US

In his address, Kim Jong Un said his country's weapons are now a reality and not just a threat. His annual speech serves as a indication of his priorities for 2018.

LG 88-inch 8K OLED TV is ready for CES 2018

Samsung used to be a contender in this arena, as well, but the South Korean giant has since shifted its focus on QLED display. The approval of establishing this plant has also been given by the South Korean government.

'RHONY' Star LuAnn De Lesseps Spotted In Florida After Her Arrest

While being arrested, de Lesseps allegedly continued to yell, "I'm going to f-ing kill you" while police got her under control. De Lesseps' friend Olson told Page Six that the man who was in bed with the star was "a guy she had previously dated".

Veteran news anchor Amanda Davis dies

Davis, a popular face in Atlanta news, wasn't shy about sharing her story of overcoming the odds. Wednesday, the station confirmed that she had died at the hospital surrounded by family.

California Highway Patrol officer killed, second injured in crash on highway

CHP confirmed Monday morning that one of the officers had died of his injuries. "Being a CHP officer is a calling", Pearson said. Sanchez, who declined to release the driver's name, said the driver may also have been under the influence of marijuana.