Sears/Kmart to close 100 stores, including one locally

Sears/Kmart to close 100 stores, including one locally

Joe Willauer, executive director of the Butte Local Development Corporation, said the Kmart announcement is distressing, primarily because of the jobs that will be lost.

Kmarts in Richmond and Greenville near Grand Rapids are in the list of 64 Kmart and 39 Sears locations that were deemed unprofitable.

Sears had already been planning to downsize in Orland Park, where it's been an anchor store since the mall opened in 1976. Liquidation sales at the affected locations would start January 12.

Doors will close at the Prices Corner Sears store and auto center by "early April", according to a press release.

Sears Holdings has struggled financially over the past decade and has greatly reduced the number of stores it operates. The Sears at 693 Stillwater Ave.in Bangor, the only store in ME on the list, is scheduled for closure in early April.

Apple confirms iOS and macOS are vulnerable to 'Meltdown' and 'Specter'
Security researchers have recently uncovered security issues known by two names, Meltdown and Spectre . In the coming days we plan to release mitigations in Safari to help defend against Spectre.

While closing a store is always a hard decision because of the impact on our customers, our associates and the community, Macy's is delighted to have served this community over the years.

Sears Holdings Corp. announced Thursday that it is taking measures to turn around its business.

Sears has been selling off some its real estate and brands as it tries to raise cash. This marked the second time Sears chose to close stores it sold off to Seritage in 2015. Retail and office space will occupy the lower two levels, replacing Sears' parking lot.

Most retailers have yet to report full fourth-quarter results, but Macy's said sales at stores open at least a year were up 1 percent in November and December compared with the prior year.

Related Articles

  • Titans' Mariota throws TD pass to himself

    But Kelce had to sit out the second half after sustaining a concussion in the second quarter, and the Chiefs never recovered. For the second year in a row, the Titans held the Chiefs offense to zero points scored in the second half of a game.
    Raiders Didn't Violate Rooney Rule Amid Jon Gruden Rumors, NFL Spokesman Says

    Raiders Didn't Violate Rooney Rule Amid Jon Gruden Rumors, NFL Spokesman Says

    Gruden accumulated a 38-26 overall record as the Raiders coach and was 2-2 in playoff games during his four seasons. Gruden guided the Buccaneers to the 2003 Super Bowl title, defeating Oakland 48-21 in the championship contest.
    Egypt's Mohammed Salah named African player of the year

    Egypt's Mohammed Salah named African player of the year

    Mohamed Salah impressive 2017 ensured he had a total of 700 votes while second place Saido Mane had 100 votes and Pierre-Emerick Aubameyang had just 70 votes.
  • Fodder scam: Lalu Prasad Yadav gets 3.5 years in jail

    Fodder scam: Lalu Prasad Yadav gets 3.5 years in jail

    Former Bihar Chief Minister Lalu Yadav has been sentenced to three-and-a-half years in jail in connection with the fodder scam . Lalu's son Tejaswwi Yadav, who alleged political vendetta behind the case, stated that his father was not afraid of the verdict.
    Intel CEO sold shares before chip security flaw disclosed

    Intel CEO sold shares before chip security flaw disclosed

    While Intel shares took a hit from yesterday's revelation, they continue to trade higher than where Krzanich sold last November. ArsTechnica added that Intel's current stock is around the same price as when Krzanick sold the company's stock.

    LG HU80KA 4K UHD Projecter All Set for CES 2018 Debut

    The company hails its mirrorless I-shaped engine technology for being able to attain the compact size and design of the projector. This projector also produces incredible sound as the South Korean tech company incorporated two 7W speakers for this device.
  • Pakistan can survive without taking financial assistance from US: Khawaja Asif

    Pakistan can survive without taking financial assistance from US: Khawaja Asif

    He said the war in Afghanistan can not be fought in Pakistan and "we need to find a peaceful solution to the issue". It was in the Pakistani town of Abbottabad where Usama bin Laden hid until U.S.
    Tesla delivers 100000 cars in 2017

    Tesla delivers 100000 cars in 2017

    This is the second time Tesla has punted on its 5,000-per-week milestone. During the company's third quarter, Tesla manufactured 260 Model 3s.
    Weekend Weather Continues To Be Cool,Cloudy; Rain Forecast For Next Week

    Weekend Weather Continues To Be Cool,Cloudy; Rain Forecast For Next Week

    That's the real-world implications of a National Weather Service wind chill advisory , which will be in effect until 8 a.m. A chance of rain also is expected Monday night , but it should be mostly cloudy, with a low around 53.
  • Rams' Barron, Cooper active for playoff meeting with Falcons

    Rams' Barron, Cooper active for playoff meeting with Falcons

    The Falcons know they can outscore anyone despite seeing more than a 10-point drop-off in their scoring average from a year ago. In an on-field interview after the game, Matt Ryan laughed when asked how the game had compared to the Falcons' hard season.
    Raiders make it official: Jon Gruden is their new coach

    Raiders make it official: Jon Gruden is their new coach

    Owner Mark Davis hopes that will all change now that he has finally lured Gruden back for a second stint as the team's coach. Gruden responded: "Well, thank you". "Nothing's official yet, but these Chiefs fans have been on my case since we got here".
    Helena Bonham Carter Joining 'The Crown' as Princess Margaret

    Helena Bonham Carter Joining 'The Crown' as Princess Margaret

    And if Helena Bonham Carter is brought in to play Princess Margaret , it's pretty obvious who should be cast as Prince Philip . The Crown season 3 will pick up sometime in the 1970s , reportedly spanning Queen Elizabeth II's reign from about 1971 to 1979.