Skip to comments.Florida hit hardest by Sears store closings...
Posted on 12/30/2011 8:41:56 AM PST by Doogle
HOFFMAN ESTATES, Ill. (AP) -- Florida will be hit the hardest by the closing of Sears and Kmart stores, losing 11, according to a preliminary list of 79 planned closures released Thursday.
Ohio, Michigan and Georgia are not far behind with six store closures planned in their states. Tennessee, North Carolina and Minnesota are set to lose four stores each.
A spokeswoman for Sears Holding Corp. said each store employs between 40 and 80 people.
None of the closures announced so far are in Sears' home state of Illinois.
The 125-year-old retailer said on Tuesday it would close up to 120 stores to raise cash.
The projected closings represent only about 3 percent of Sears Holdings' U.S. stores. Sears and Kmart merged in 2005. The company now has about 3,560 stores in the U.S. That's up from 3,500 immediately after the merger.
(Excerpt) Read more at finance.yahoo.com ...
I could never figure out why Sears bought K-mart to begin with. They were on the rocks when Sears bought them.
Oh! Last time I was in a Sears store I thought they were closed and forgot to turn out the lights and lock the doors coz nobody was there.
This happened on March 24, 2005, which makes the current manifestation of Sears about 3 months short of 7 years of age.
“They” bought Sears.
I actually like Sears. There is one about 2 miles from my house and is great for stuff like TVs, appliances, tools, paint, tee shirts, and underwear and saves me from having to drive to the heart of suburbia and fight the crowds and the traffic and go to stores like Lowes, Kohl’s, or Best Buy for basics. Granted, the selection doesn’t allow to always avoid the crowds, but prices are just as good at Sears for most products with some exceptions. Glad mine isn’t on the closure list.
Guess a lot of New Yorkers have passed.
None in Texas? Hmmm
If you look at the locations you’ll see many of the closing stores are in or near urban areas. K-Mart seems to fill a niche in smaller communities where it often co-exists as a competitor to Wal-Mart, but in communities where the nearest Lowes, Home Depot, Kohls, or Target is maybe 50 miles away. Sears still has a good brand and K-Mart is competitive with any of the big box stores, I think this may be a recognition that they are more of a rural niche competitor than an alternative to the more upscale competitors. Most of us out here in flyover country grew up with the Sears catalog!
My friend and I were arguing about Sears being hurt by Wal-Mart. He is anti Wal-Mrt and he thinks that Wal-Mart iz taking away stores. I told him that Sears and KMart been MISMANAGED since the 1980s.
“I could never figure out why Sears bought K-mart to begin with.”
Other way around.
It’s basically a large real estate company that happens to operate department stores.
I am happy that their Orange Park and Avenues Mall Sears will remain open. I shop there from time to time.
Kmart I could care less about. I prefer Target and Walmart but I really hope Sears pulls it together and rehabs their brand.
Didn’t know that.
Explains a lot.
In Clearwater, FL there are a Kmart and Walmart right across the street from each other. The WM lot always has AT LEAST 10x the cars the KM lot has. I have no idea how KM stays in business.
Ours in Fernandina Beach Fl is on the list. I have NEVER seen more than 10 shoppers in that store at one time. I suggested they turn it into an indoor firing range.
It makes no sense. The gubmint says people were purchasing lots of gifts for Xmas
List so far.
Alabama (3): Sears in Mobile; Kmart in Auburn and Gadsden.
California (3): Sears in El Monte and San Diego (2).
Colorado (3): Sears in Longmont; Kmart in Broomfield and Glenwood Springs.
Florida (11): Sears in Crystal River, Deland, Port St. Lucie, Stuart, West Palm Beach; Kmart in Callaway, Fernandina Beach, New Smyrna Beach, Orange City, Pompano Beach and St. Augustine.
Georgia (6): Sears in Macon; Kmart in Atlanta, Buford, Columbus, Douglasville and Jonesboro.
Idaho (1): Sears in Lewiston.
Indiana (3): Sears in Anderson; Kmart in Indianapolis and St. John.
Iowa (2): Kmart in Cedar Rapids and Davenport.
Kansas (1): Sears in Lawrence.
Kentucky (3): Sears in Middleboro; Kmart in Hazard and Winchester.
Maryland (1): Sears in Ellicott City.
Michigan (6): Sears in Adrian, Brighton, Chesterfield Township, Harper Woods, Monroe and Washington Township.
Minnesota (4): Kmart in Duluth, New Hope, White Bear Lake and Willmar.
Mississippi (3): Sears in Columbus, Jackson and McComb.
Missouri (2): Sears in Lee’s Summit and St. Louis.
New Hampshire (2): Sears in Keene and Nashua.
North Carolina (4): Sears in High Point, Morehead City, Rocky Mount and Statesville.
Ohio (6): Kmart in Chagrin Falls, Columbus, Medina, Springfield and Toledo (2).
Oregon (1): Sears in Roseburg.
Pennsylvania (2): Sears in Pottstown and Upper Darby.
South Carolina (1): Sears in Sumter.
Tennessee (4): Sears in Antioch, Cleveland, Oak Ridge; Kmart in Hendersonville.
Virginia (3): Sears in Norfolk; Kmart in Midlothian and Richmond.
Washington (2): Sears in Walla Walla; Kmart in Lacey.
Wisconsin (2): Sears in West Baraboo; Kmart in Rice Lake.
Just as long as my beloved E.J. Korvette’s remains open, I will be happy.
Don’t dare try going to the Walmart in Pinellas Park. What a zoo. Last time I was in K Mart I walked out leaving my buggy in the one checkout that was open.
They were purchased for the real estate investment, which at the time was a bargain. Unfortunately, they sat on them and didn't sell the real estate as planned and now the values have plummeted.
You are exactly correct.
I was employed by them for 20+yrs. until the mid 80s.
I saw the writing on the wall as to their customer service, store layout, management policies. Knew they were headed for trouble and bailed out.
When my father was growing up a 100 years ago, they had no indoor plumbing, but his family did have a “two-seater” in the back yard.
Since they didn’t have any Charmin, the Sears catalogue was what they used. No one was happy when they got to the glossy pages.
Good thing we have indoor plumbing now since Sears won’t be providing their catalogues anymore
I once worked for them.
Did it really stand for 8 Jewish Korean War Vets? I grew up going to the one in Forest Park, IL. Where did you work? And when did they go out of business? Must have been early 70s?
No. There's an explanation out there, somewhere on the web.
I grew up going to the one in Forest Park, IL. Where did you work?
In a store just outside of NYC. Woodmere.
And when did they go out of business? Must have been early 70s?
Something like that. They were bought out by a holding company that owned similar retail chains.
Korvette's had a good niche but nothing lasts and the retail business sees many successful chains have their day and then go bankrupt.
Good thing they’re not closing the Roebuck stores.
In recent years, however, it is more difficult to find exactly the same thing in the store that you originally bought. My husband has had to settle for a similar tool or pitch in a couple of bucks for a newer version of a socket wrench.
Other than that, Sears is a dead issue. Can't find a person to help you, even though there are quite a few employees visiting with each other within view. More and more, Sears is an ethnic store, at least in our area of the world.
Every K-Mart within driving distance of us in the ArkLaMiss closed years ago. I haven't seen one in ages.
I used work for what was the 4th largest discount chain in the 1990s. The store manager at my store used to be buy new shopping carts and I asked the manager why we need new carts. He said all the stores are getting new carts. At the time, we were in chapter 11.
EYEP...years ago I convinced a friend of mine that he could take back his scroll saw that he was using for years and get a larger one (that he wanted) just by cleaning up the one he had....he did pay something like $20 to upgrade but had a slew of new tinker items on the new saw.
We have one KMart left in my local area, we went there a few weeks before Christmas. The store was filthy and disorganized, prices were high, and employees were rude and indifferent. I used to like KMart, but have no reason to go to that one again.
I agree, the stores parking lots around Melbourne are always empty and they do not have merchandise that I want the past few years.
Never went to either one this year...even for Christmas shopping!
We will see if there is another wave of closings coming.