Antioch KMART to Close in November

24 August, 2018, 10:58 | Author: Gerard Cortez
  • Dozens of Sears, Kmart stores closing nationwide

A manager at the Oakwood Mall Sears location told WEAU 13 News the Eau Claire site is closing November 25.

The struggling chain informed workers at the impacted stores this week, and liquidation sales will begin as early as August 30.

Attention Sears shoppers: your local store isn't closing down, but expect to see fewer of them across the country.

"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".

Sears said the latest closings are part of the company's ongoing efforts to streamline operations, strengthen its capital position, and focus on its best performing stores. Carson's announced plans to close in April.

Cossacks and flowers as Putin dances at Austrian minister's wedding
Putin also agreed co-ordinated steps with Trump at their Helsinki summit last month to try to stabilise the situation. Merkel said this will be a working meeting and called not to expect much from the talks.

Sears has steadily shed properties in recent years, but the pace quickened in 2017, when it closed at least 175 stores.

The move comes as Sears is considering a bid from CEO Eddie Lampert's hedge fund ESL Investments to acquire its jewel Kenmore appliances from the company for $400 million.

According to CNBC, the Vancouver Mall Sears is among those slated for closure.

The company said Sears Auto Center, also at Eastland Mall, will close before the end of this month.

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