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Sears-Kmart Death Watch

Started by Brandon, January 12, 2018, 03:55:18 PM

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How much longer do you think Sears and Kmart Have?

6 Months
20 (19%)
9 Months
11 (10.5%)
One Year
28 (26.7%)
Two Years
23 (21.9%)
Five Years
13 (12.4%)
Ten Years
1 (1%)
They'll be around forever!
9 (8.6%)

Total Members Voted: 105

jp the roadgeek

And CT is down to 1 KMart.  The old rinky-dink one in Watertown that updated from70's signage just this year survives.  The Big K vintage one in Vernon bites the dust.  Also surviving are the other one within an hour or so of me: Holyoke, MA, also survives.
Interstates I've clinched: 97, 290 (MA), 291 (CT), 291 (MA), 293, 295 (DE-NJ-PA), 295 (RI-MA), 384, 391, 395 (CT-MA), 395 (MD), 495 (DE), 610 (LA), 684, 691, 695 (MD), 695 (NY), 795 (MD)


US71

Quote from: Brandon on December 28, 2018, 01:24:58 PM
If no one comes forth with a bid by tonight, I'd say those who though "1 year" were pretty accurate.

My guess is Fast Eddie will show up with 5 minutes on the clock claiming only he can save the company.
Like Alice I Try To Believe Three Impossible Things Before Breakfast

ET21

Wow the Chicago Ridge and Schaumburg IL Sears survive again  :wow:
The local weatherman, trust me I can be 99.9% right!
"Show where you're going, without forgetting where you're from"

Clinched:
IL: I-88, I-180, I-190, I-290, I-294, I-355, IL-390
IN: I-80, I-94
SD: I-190
WI: I-90, I-94
MI: I-94, I-196
MN: I-90

Brandon

Quote from: catch22 on December 28, 2018, 01:46:48 PM
This may be moot in a few hours since they all may close sooner rather than later, but Sears announced 80 more store closings today.  List is in the article.  Nearest one to me is Novi, MI (Twelve Oaks Mall).

https://www.cnbc.com/2018/12/28/sears-closing-80-more-stores-in-march-faces-possible-liquidation.html


Some of these are intriguing and surprising.  There's the aforementioned Twelve Oaks, along with Mall of America, St Clair Square, and a fair number of successful malls that have Sears as an anchor.  It's amazing that some of the more successful malls are losing Sears while some dying malls like Stratford Square and Spring Hill Mall have retained theirs.
"If you think this has a happy ending, you haven't been paying attention." - Ramsay Bolton

"Symbolic of his struggle against reality." - Reg

PAHighways

My local Sears is on the chopping block, which means the one in Washington will be the only one left in southwestern PA.

With a mini casino now slated for the empty Bon-Ton location at Westmoreland Mall, the rumors of a hotel where Sears now sits might not be rumors any more.

SM-G965U


inkyatari

Less than 30 minutes until we know the fate of Sears.
I'm never wrong, just wildly inaccurate.

US71

Quote from: inkyatari on December 28, 2018, 03:35:27 PM
Less than 30 minutes until we know the fate of Sears.

Are we talking 4pm ET or CT? I'm sort of thinking the fat lady has sung.
Like Alice I Try To Believe Three Impossible Things Before Breakfast

kevinb1994

Quote from: US71 on December 28, 2018, 04:25:58 PM
Quote from: inkyatari on December 28, 2018, 03:35:27 PM
Less than 30 minutes until we know the fate of Sears.

Are we talking 4pm ET or CT? I'm sort of thinking the fat lady has sung.

4 PM ET.

Brandon

Quote from: US71 on December 28, 2018, 04:25:58 PM
Quote from: inkyatari on December 28, 2018, 03:35:27 PM
Less than 30 minutes until we know the fate of Sears.

Are we talking 4pm ET or CT? I'm sort of thinking the fat lady has sung.

I think I agree.

RIP, Sears (1886-2018) and Kmart (1889 as SS Kresge-2018).
"If you think this has a happy ending, you haven't been paying attention." - Ramsay Bolton

"Symbolic of his struggle against reality." - Reg

kevinb1994

Quote from: Brandon on December 28, 2018, 04:32:37 PM
Quote from: US71 on December 28, 2018, 04:25:58 PM
Quote from: inkyatari on December 28, 2018, 03:35:27 PM
Less than 30 minutes until we know the fate of Sears.

Are we talking 4pm ET or CT? I'm sort of thinking the fat lady has sung.

I think I agree.

RIP, Sears (1886-2018) and Kmart (1889 as SS Kresge-2018).

I think you meant to say that Kmart was founded in 1899.

LM117

Quote from: Brandon on December 28, 2018, 03:27:41 PM
Quote from: catch22 on December 28, 2018, 01:46:48 PM
This may be moot in a few hours since they all may close sooner rather than later, but Sears announced 80 more store closings today.  List is in the article.  Nearest one to me is Novi, MI (Twelve Oaks Mall).

https://www.cnbc.com/2018/12/28/sears-closing-80-more-stores-in-march-faces-possible-liquidation.html


Some of these are intriguing and surprising.  There's the aforementioned Twelve Oaks, along with Mall of America, St Clair Square, and a fair number of successful malls that have Sears as an anchor.  It's amazing that some of the more successful malls are losing Sears while some dying malls like Stratford Square and Spring Hill Mall have retained theirs.

Yep. The Streets at Southpoint mall in Durham is thriving while Triangle Town Center in northern Raleigh is on a downward spiral, yet Sears remains there.
“I don’t know whether to wind my ass or scratch my watch!” - Jim Cornette

PAHighways


Max Rockatansky

Quote from: PAHighways on December 28, 2018, 05:44:41 PM
Saved by the bell, or should I say at the bell:

https://www.cnbc.com/2018/12/28/sears-chairman-eddie-lampert-submits-bit-for-company.html

SM-G965U

So essentially this will drag on until slick Eddie and his hedge fund goons milk all the left over scraps for all their worth. 

US71

Quote from: Max Rockatansky on December 28, 2018, 05:47:27 PM
Quote from: PAHighways on December 28, 2018, 05:44:41 PM
Saved by the bell, or should I say at the bell:

https://www.cnbc.com/2018/12/28/sears-chairman-eddie-lampert-submits-bit-for-company.html

SM-G965U

So essentially this will drag on until slick Eddie and his hedge fund goons milk all the left over scraps for all their worth. 
I thought this might happen.
Like Alice I Try To Believe Three Impossible Things Before Breakfast

Max Rockatansky

Quote from: US71 on December 28, 2018, 06:49:09 PM
Quote from: Max Rockatansky on December 28, 2018, 05:47:27 PM
Quote from: PAHighways on December 28, 2018, 05:44:41 PM
Saved by the bell, or should I say at the bell:

https://www.cnbc.com/2018/12/28/sears-chairman-eddie-lampert-submits-bit-for-company.html

SM-G965U

So essentially this will drag on until slick Eddie and his hedge fund goons milk all the left over scraps for all their worth. 
I thought this might happen.

Well yeah, what else would be expected from the "next Warren Buffett?"  :rolleyes:

Flint1979

The Sears in Twelve Oaks Mall is on the most recent list of closures which after that will leave the entire Detroit Metro area with only two Sears stores (Livonia and Westland). The Muskegon store is on the list as well and Lansing and Saginaw's stores have been spared for now. I'm wondering how far the Saginaw store is from closing because every time I've been in Fashion Square Mall or past it Sears has looked dead. The former auto center is slated to be demolished for a Texas Roadhouse. Lansing I can at least say Sears did it right there and located in between the two malls in a metro area that probably didn't ever need two Sears locations.

steviep24

The last remaining Sears in the Rochester, NY area at 10 Miracle Mile Dr. (Marketplace Mall) is on the most recent list of closures.

1995hoo

Oddly, the only Northern Virginia Sears store that's closed is at Fair Oaks Mall and none of the others are on the list yet.
"You know, you never have a guaranteed spot until you have a spot guaranteed."
—Olaf Kolzig, as quoted in the Washington Times on March 28, 2003,
commenting on the Capitals clinching a playoff spot.

"That sounded stupid, didn't it?"
—Kolzig, to the same reporter a few seconds later.

mgk920

Yepper, Appleton (Grand Chute Township), WI (Fox River Mall) is getting the axe.  The township where that is located is notorious for its cheapness in public works-streets spending and the area around it, despite its popularity, especially with out-of-towners, is becoming seriously threadbare.  That mall lost its Younkers store last spring and its JCPenney store is looking to be in an increasingly perilous position - their corporate share price went below $1 for the first time in the company's history on Wednesday.

:-o

BTW, will there be any Sears stores left in Wisconsin when this round is done?

:hmmm:

Mike

vdeane

Quote from: steviep24 on December 28, 2018, 09:28:03 PM
The last remaining Sears in the Rochester, NY area at 10 Miracle Mile Dr. (Marketplace Mall) is on the most recent list of closures.
What's odd is that I recall seeing this one on the list of stores that there were going to try to keep open.  It's sad - Marketplace Mall will have lost 3/4 of its traditional anchors once this Sears closes (Macys and Bon Ton already left, and Dick's is newer than the other anchors, leaving only JCPenney).
Please note: All comments here represent my own personal opinion and do not reflect the official position of NYSDOT or its affiliates.

Big John

Quote from: mgk920 on December 29, 2018, 12:15:53 AM
BTW, will there be any Sears stores left in Wisconsin when this round is done?

:hmmm:

Mike
According to this, there will be 2 full-line stores left, one in Madison and one in Janesville: https://www.sears.com/stores/wisconsin.html

txstateends

With this announcement, and the 2 previous ones this year, I'm not sure how many this leaves in TX, but it's not very many.  IINM, as far as north TX, only Hulen Mall (Fort Worth), Northeast Mall (Hurst), and Parks at Arlington (Arlington) will remain.

My sister told me almost 30 years ago, while pointing out the Amarillo store (which is on the latest closing list BTW):  "You can always get you a job at Sears, they'll never go out of business..."

Definitely one time I listened to the little voice that said not to apply.
\/ \/ click for a bigger image \/ \/

abefroman329

Quote from: txstateends on December 29, 2018, 01:26:52 AMMy sister told me almost 30 years ago, while pointing out the Amarillo store (which is on the latest closing list BTW):  "You can always get you a job at Sears, they'll never go out of business..."

Definitely one time I listened to the little voice that said not to apply.
I applied in college and failed the personality/ethics/whatever the hell it was test. Kinda glad I did, the manager was a jerk in the few minutes of interactions we had prior to that and I'm sure it would have been hell if I'd been hired.

jeffandnicole

Quote from: txstateends on December 29, 2018, 01:26:52 AM
With this announcement, and the 2 previous ones this year, I'm not sure how many this leaves in TX, but it's not very many.  IINM, as far as north TX, only Hulen Mall (Fort Worth), Northeast Mall (Hurst), and Parks at Arlington (Arlington) will remain.

My sister told me almost 30 years ago, while pointing out the Amarillo store (which is on the latest closing list BTW):  "You can always get you a job at Sears, they'll never go out of business..."

Definitely one time I listened to the little voice that said not to apply.

Hopefully Sears would be only been a part time or temporary full time job! 30 years later you probably could retire!

thenetwork

I see the Kmart in Seven Hills (Cleveland), OH is finally closing.  Good news for Meijer who has been circling over the property like a vulture the last 6 months waiting to put their superstore there.

One of the earliest Kmarts I went to as a kid is still on life support -- Brunswick, OH -- I believe opened back in 1972.



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