“If you have any gift cards, spend them as quickly as you possibly can and don’t purchase any more!”-James E. Dion, Dionco Incorprated
MotleyFool: Real Estate Investment Trusts to benefit from Lampert’s bid
Fox News: Dying Kmarts killing off Little Caesars pizza!!!
Washington Examiner: Taxpayers now own Sears-Kmart employee retirement plan!
Japan Times: The nicest Sears you’ll ever see is not owned by Sears, it’s not even in the United States!
Wall Street Journal: Edward Lampert Prevails in Bankruptcy Auction
New bid for Sears-Kmart tops $5-billion
Yahoo Finance: Amazon eyes closed Sears stores for Whole Foods expansion
CNBC: Court gives Eddie Lampert a second chance to buy Sears-Kmart
Lampert makes two offers for Sears: one to save it, one to salvage pieces in a partial liquidation
TheStreet: Liquidation Looms As Bid to Save Sears Falls Apart
Modern Readers: Sears Hometown and Outlet Stores (SHOS) Receives Negative Rating
If Sears Holdings (Sears-Kmart) were to liquidate it would mean at least 68-thousand people across the United States would suddenly become jobless.
ALABAMA: The Sears Hometown stores in Monroeville and Opelika shutting down.
ARKANSAS: The Rogers Sears Hometown Store is shutting down.
FLORIDA: The Homosassa Sears Hometown Store shutting down.
GEORGIA: The Sears Hometown Store in Milledgeville shutting down by February, blaming a sudden crash in sales on the Sears Holdings bankruptcy. The Vidalia Sears Hometown Store also shutting down.
IDAHO: The Lewiston Sears Hometown Store shutting down, local news media said back in October the operators of the store swore the Sears-Kmart bankruptcy would not affect them.
KANSAS: The Parsons, Wichita and Wellington Sears Hometown stores are shutting down.
KENTUCKY: The Murray Sears Hometown Store shutting down.
LOUISIANA: The Bayou Vista Sears Hometown shutting down.
MARYLAND: A former Baltimore cop has published a book detailing the level of crimes committed by cops, including fake drug busts, ‘disappearing’ drugs from police evidence lockers, even stealing from local Sears stores under operation ‘Shopping Spree’: “They usually stole children’s clothing, small appliances and expensive tools. In fact, they often took orders in advance from other police.”–James I. Cabezas, who helped convict state lawmakers, city councilmen and, famously, a Baltimore mayor
MICHIGAN: The Sears Hometown Store in Manistee shutting down once the inventory is gone. The Sears Hometown Store in Howell shutting down by the end of the month due to “a sequence of unfortunate events”, including a sudden crash in sales when Sears Holdings went bankrupt. Sears Holdings does not directly control Sears Hometown stores, they are considered independently owned operations.
MISSISSIPPI: The Philadelphia Sears Hometown shutting down, the owner told local news media he wants to distance himself from the Sears brand and hopes to open a new store in the same location.
NEBRASKA: Bellevue Sears Hometown shutting down.
NEW JERSEY: Taxpayers of Cape May County are the official new owners of the vacant Kmart in Rio Grande, county officials bought the property for $5.75-million USD and plan to use it as its new Social Services office.
NEW YORK: Local news media reporting the Salmon Run Mall Sears was suddenly shutdown, long before its planned closure.
PENNSYLVANIA: Sears Holdings issued a shutdown WARN (Worker Adjustment Retraining Notice) for its distribution operations in Luzerne County, 121 jobs gone by the end of March!
The Pittsburgh Kmart on West View Park Drive was sold. The following store list reveals which Kmart and Sears store leases are now ‘available’ to the highest bidder: Allentown Kmart, Altoona Kmart, Berwick Kmart, Camp Hill (Lower Allen Township) Sears, Carlisle (South Middleton Township) Kmart, Chambersburg Kmart, Clifton Heights Kmart, Columbia Kmart, Doylestown Kmart, Dubois Sears, Easton Kmart, Edwardsville Kmart, Elizabethtown Kmart, Ephrata Kmart, Erie Kmart, Exton Sears, Holmes Kmart, Hummelstown Kmart, Lancaster Sears, Langhorne/Oxford Valley Mall Sears, Lebanon (North Cornwall Township) Kmart, Leechburg Kmart, Matamoras Kmart, Media Sears, New Castle Kmart, New Kensington Kmart, North Versailles Kmart, North Wales Sears, Philadelphia Kmart, Phoenixville Kmart, Pittsburgh Kmart on Butler Street, Reading Sears, Shillington Kmart, Stroudsburg Sears, Thorndale Kmart, Towanda Kmart, Walnutport Kmart, Washington Sears, West Chester Kmart, Whitehall Sears, Wilkes Barre Kmart, Williamsport Kmart, Willow Street Kmart, Windgap Kmart. The following list reveals which Sears Holdings owned properties are for sale: Willow Grove Sears, Harrisburg (Lower Paxton Township/Colonial Park Mall) Sears. On top of the above lists Sears Holdings also revealed it has seven retail leases listed as “other”, and about ten “non-retail” leases.
TENNESSEE: McMinnville and Tazewell Sears Hometown stores shutting down.
TEXAS: After 20 years the Sears Hometown in Austin suddenly announced it was shutting down at the end of February, according to local news media the employees were notified a week before the public announcement. Crockett, Jasper and Floresville Sears Hometown stores shutting down.
WISCONSIN: Milwaukee Journal Sentinel: People, and employees, stealing carts full of merchandise and cash from shuttering Big Kmart, and apparently nobody is stopping them!
Sears-Kmart death spiral, December 2018: “NOW THEY NEED A JOB.” “EFFECTIVE IMMEDIATELY”!