Transform Holdco, the company formed in January to buy the remaining assets of bankrupt retailer Sears Holdings Corp., disclosed late Thursday a list of the next Sears and Kmart stores to close by the end of February.
Going-out-of-business sales in the 96 stores — 51 Sears and 45 Kmart — slated to close will begin Dec. 2, Transform said in a statement. After the closures, the company SHLDQ, +8.98% will operate 182 stores and “will continue to evaluate our Sears and Kmart footprint,” it said in a statement.Transform had announced store closings in August, shuttering some 21 Sears stores and five Kmart stores across the U.S. Sears filed for bankruptcy in October 2018.North Little Rock, 3930 McCain Blvd.Chula Vista, 565 BroadwayMontclair, 5080 Montclair Plaza Ln.Riverside, 5261 Arlington Ave.Santa Maria, 200 Town Ctr. E.
Source: News Formal (newsformal.com)
L 😷
Bummer..
Eddie lambert is an embarrassment to himself. He’s the definition of “ok boomer” thinking he could revive this disease ridden dog
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sears, Kmart store closures: 96 locations closing; financing lined upI can understand K-Mart, but Sears? WOW. Sad😢😠 They really should give them all up.
Source: USATODAY - 🏆 100. / 63 Read more »
Exclusive: Sears says it has secured a $250 million lifeline, will close 96 storesSears told Reuters on Thursday it had won a $250 million lifeline from lenders t... Ne alışverişler yapmıştık bu amerijan devinden Yazık oldu... :( Çok güzel bir mağaza zinciriydi Lambert just needs to accept the fact they're done and close sears.
Source: Reuters - 🏆 2. / 97 Read more »
Sears owner gets $250 million lifeline, says it will shut another 96 storesThe parent company of Sears and Kmart said Thursday it plans to shut 96 stores, leaving the business with 182 locations. Universal Stock Flux: {-$211,067,027.79} Give it up, Amazon won. I hate to see another iconic company to lose stores. I am hopeful that they can pull it together and build on what made them the best in their beginning and possibly fine new ways to attract the younger generations. Hopefully they will find the cheese that was stollen from them.
Source: CNBC - 🏆 12. / 72 Read more »
Sears Owner Says It Will Close An Additional 96 Stores by FebruaryThe owner of the struggling retailer said Thursday it will shut 96 more Sears or Kmart locations by February, as the country’s once dominant department store chain disappears from most American malls. هذا شرط وجوه الاسود تتشابه Caldor closed, KMart closed, Sears hardware closed, AC Moore closed, Bobs Clothing closed, Price Chopper closed, Circuit City closed, Sound Playground Closed, Bernies closed, JC Penny Warehouse closed, 2 Showcase Cinemas closed. Now all we got are like 15 or 20 dollar stores.
Source: WSJ - 🏆 98. / 63 Read more »
Sears owner secures $250 million in new capital, but another 96 stores will closeSears owner Transformco announced that it has obtained $250 million in new capital, money that's intended to help fuel the company's turnaround, but says it will still be forced to shutter another 96 Sears and Kmart stores in 30 states by February 2020 Check his back pocket. Sears is dead. The party is over. RIP. Flashback to 1991: every Kmart store got a $1 million expansion remodel; the company had a big advertising budget with Bob Hope commercials. Kmart sponsored the Mario Andretti Indy car.
Source: CNN - 🏆 4. / 95 Read more »
Sears owner gets $250 million lifeline, says it will shut 96 more stores—Here's where they areThe parent company of Sears and Kmart said Thursday it plans to shut 96 stores, leaving the business with 182 locations.
Source: CNBC - 🏆 12. / 72 Read more »