Kmart/Sears Closing Some 116 Locations? Sears Says Count is Inaccurate, But Hasn’t Denied Closures

The Associated Press, via The Florida Times-Union, reported that Sears Holding Corp. is considering closing some 116 locations of Kmarts (55 stores), Sears (30) and Sears Auto Centers (31), mostly in the Midwest reportedly.   Sears says the count is inaccurate, but did not deny the closures.  It has some 2000 stores nationwide and about 16 Sears-related stores and 5 Kmarts within 50 miles of JAX.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on October 24, 2014, in Shopping Centers/Retailers, The Florida Times-Union and tagged , , , . Bookmark the permalink. Leave a comment.

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