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How much longer do you think Sears and Kmart Have?

6 Months
- 11 (16.9%)
9 Months
- 6 (9.2%)
One Year
- 16 (24.6%)
Two Years
- 14 (21.5%)
Five Years
- 11 (16.9%)
Ten Years
- 1 (1.5%)
They'll be around forever!
- 6 (9.2%)

Total Members Voted: 65


Author Topic: Sears-Kmart Death Watch  (Read 4811 times)

Flint1979

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Re: Sears-Kmart Death Watch
« Reply #125 on: October 30, 2018, 10:10:39 AM »

I honestly had this conversation with someone. I told them you can probably expect Sears to close several more stores in the next few years and I bet any money that the Saginaw Fashion Square Mall store will be on one of the next rounds of closures. This person goes on to tell me that the Saginaw store would have already been shut down if they were doing that poorly. I simply stated that they close the most non profitable stores in each round of closures and they just haven't gotten up to this store yet but I bet it'll be closing in maybe not the next round of closures but most likely the round after that. And this guy tells me that Sears is doing fine and will stay in business. I said look at Bay City, Midland, Flint, Lakeside Mall, Fairlane Mall, Southland Mall, Eastland Mall, Macomb Mall and you're telling me that a Sears is going to stay in business in Saginaw, Michigan just because you think they are doing well? I just named 8 Sears stores that have closed within the last 5 years all in Michigan.

The only place Sears was actually smart about location is Lansing. There are two malls in Lansing but instead of being in both malls or one or the other they have the Sears location about halfway in between the two malls which are located about 15 miles apart. The Lansing Sears is located next to Frandor Shopping Plaza very close to the East Lansing and Lansing city limits.

I wouldn't be surprised to see Fashion Square Mall's Sears on the list and it'd be a sad day when that happens because Fashion Square Mall has been able to hold onto all of it's anchors (JCPenney, Sears and Macy's). The Macy's was originally a Hudson's and then became Marshall Field's and then Macy's after that. Both Bay City and Midland only have one anchor left (Target for Midland and JCPenney for Bay City).
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Max Rockatansky

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Re: Sears-Kmart Death Watch
« Reply #126 on: October 30, 2018, 11:02:22 AM »

I honestly had this conversation with someone. I told them you can probably expect Sears to close several more stores in the next few years and I bet any money that the Saginaw Fashion Square Mall store will be on one of the next rounds of closures. This person goes on to tell me that the Saginaw store would have already been shut down if they were doing that poorly. I simply stated that they close the most non profitable stores in each round of closures and they just haven't gotten up to this store yet but I bet it'll be closing in maybe not the next round of closures but most likely the round after that. And this guy tells me that Sears is doing fine and will stay in business. I said look at Bay City, Midland, Flint, Lakeside Mall, Fairlane Mall, Southland Mall, Eastland Mall, Macomb Mall and you're telling me that a Sears is going to stay in business in Saginaw, Michigan just because you think they are doing well? I just named 8 Sears stores that have closed within the last 5 years all in Michigan.

The only place Sears was actually smart about location is Lansing. There are two malls in Lansing but instead of being in both malls or one or the other they have the Sears location about halfway in between the two malls which are located about 15 miles apart. The Lansing Sears is located next to Frandor Shopping Plaza very close to the East Lansing and Lansing city limits.

I wouldn't be surprised to see Fashion Square Mall's Sears on the list and it'd be a sad day when that happens because Fashion Square Mall has been able to hold onto all of it's anchors (JCPenney, Sears and Macy's). The Macy's was originally a Hudson's and then became Marshall Field's and then Macy's after that. Both Bay City and Midland only have one anchor left (Target for Midland and JCPenney for Bay City).

Heh, that brings me back...I took driver’s education classes at the Sears on Grand River off of US 127.  That whole shopping center was the place to go before the Eastwood Towne Center was built on Lake Lansing Road.   

LM117

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Re: Sears-Kmart Death Watch
« Reply #127 on: October 30, 2018, 01:27:04 PM »

Ruh-roh.

Whirlpool to Sears: We want our appliances back

Quote
Benton Harbor, Mich.-based Whirlpool, which stopped selling its branded products at Sears last year but makes appliances under Sears’ Kenmore brand, asked the department store chain to return all merchandise it received in the 45 days before its Chapter 11 bankruptcy filing on Oct. 15.

In a letter filed in court last week, Whirlpool’s attorney demanded that Sears “refrain from selling, disposing, or using … for any purpose whatsoever” the merchandise it received from the appliance-maker during that time without permission from the U.S. Bankruptcy Court.

:-D

They’re fucked.
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Flint1979

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Re: Sears-Kmart Death Watch
« Reply #128 on: October 30, 2018, 05:39:19 PM »

I honestly had this conversation with someone. I told them you can probably expect Sears to close several more stores in the next few years and I bet any money that the Saginaw Fashion Square Mall store will be on one of the next rounds of closures. This person goes on to tell me that the Saginaw store would have already been shut down if they were doing that poorly. I simply stated that they close the most non profitable stores in each round of closures and they just haven't gotten up to this store yet but I bet it'll be closing in maybe not the next round of closures but most likely the round after that. And this guy tells me that Sears is doing fine and will stay in business. I said look at Bay City, Midland, Flint, Lakeside Mall, Fairlane Mall, Southland Mall, Eastland Mall, Macomb Mall and you're telling me that a Sears is going to stay in business in Saginaw, Michigan just because you think they are doing well? I just named 8 Sears stores that have closed within the last 5 years all in Michigan.

The only place Sears was actually smart about location is Lansing. There are two malls in Lansing but instead of being in both malls or one or the other they have the Sears location about halfway in between the two malls which are located about 15 miles apart. The Lansing Sears is located next to Frandor Shopping Plaza very close to the East Lansing and Lansing city limits.

I wouldn't be surprised to see Fashion Square Mall's Sears on the list and it'd be a sad day when that happens because Fashion Square Mall has been able to hold onto all of it's anchors (JCPenney, Sears and Macy's). The Macy's was originally a Hudson's and then became Marshall Field's and then Macy's after that. Both Bay City and Midland only have one anchor left (Target for Midland and JCPenney for Bay City).

Heh, that brings me back...I took driver’s education classes at the Sears on Grand River off of US 127.  That whole shopping center was the place to go before the Eastwood Towne Center was built on Lake Lansing Road.
It's still a decent place to go shopping but a bit old. Sears is like Michigan and Clippert I haven't been in that Sears in awhile. But honestly out of any of the Sears I've been in none of them have been busy. I walked through Genesee Valley when they were going out of business and that store was bare empty. I was in the Sears in Saginaw the other night and saw a group of 7 people and a few other people scattered throughout the store no department was busy at all.
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jp the roadgeek

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Re: Sears-Kmart Death Watch
« Reply #129 on: November 08, 2018, 04:35:41 PM »

And another 40 gone, including the last one near me in Meriden, CT

https://www.cnbc.com/2018/11/08/sears-to-shut-40-more-stores-early-next-year.html
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kphoger

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Re: Sears-Kmart Death Watch
« Reply #130 on: November 08, 2018, 05:11:50 PM »

Whirlpool to Sears: We want our appliances back

I'm still kind of sour about Whirlpool.  When my wife and I first got married, we moved to a house just a few blocks from a Maytag factory in Herrin, IL.  Shortly after we moved there, Whirlpool bought out Maytag.  Then they closed two of the factories they had taken over—which just happened to be the only two union factories of the bunch.  One of them was the one by our house.  For a town of only 12,000 population, that was a huge hit.  It was pretty common after that to see someone driving around with a rear window decal of Calvin pissing on the Whirlpool logo.
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mgk920

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Re: Sears-Kmart Death Watch
« Reply #131 on: November 09, 2018, 03:03:10 AM »

And another 40 gone, including the last one near me in Meriden, CT

https://www.cnbc.com/2018/11/08/sears-to-shut-40-more-stores-early-next-year.html

Another couple of Wisconsin stores bite the dust - the KMart in Cudahy (suburban Milwaukee) and the Sears at 2500 Milton Rd in Janesville.

Mike
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TheHighwayMan394

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Re: Sears-Kmart Death Watch
« Reply #132 on: November 09, 2018, 03:47:58 AM »

There are still two in the metro Twin Cities, one each in proximity to one of the downtowns. Interestingly, the Minneapolis one faces threat not from declining sales (which from sources, it's actually still a profitable store), but from the fact that the store was built on top of a section of Nicollet Avenue, which the city of Minneapolis has repeatedly expressed a desire to raze/relocate Kmart so they can reconnect Nicollet.
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gonealookin

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Re: Sears-Kmart Death Watch
« Reply #133 on: November 09, 2018, 02:03:52 PM »

The KMart at 6600 Clark Road in Paradise, CA wasn't on any closure list (yet) but it's on the list of buildings that are confirmed destroyed in the Camp Fire.  It's part of a shopping center so Sears probably had a lease rather than ownership; anyway, scratch that one off the list too.
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Pink Jazz

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Re: Sears-Kmart Death Watch
« Reply #134 on: November 10, 2018, 03:24:55 PM »

Looks like there will be only one Sears left in the Phoenix area after these closures - Arrowhead Towne Center.

Also, it appears that this round of closures include the first announced closures in Puerto Rico, with three Kmarts closing.
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KEVIN_224

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Re: Sears-Kmart Death Watch
« Reply #135 on: November 10, 2018, 06:11:05 PM »

470 Lewis Avenue in Meriden, CT. In other words, Westfield Shoppingtown (mall). They already lost JC Penney a few years ago. That space later opened as the first Boscov's store in New England.
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Flint1979

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Re: Sears-Kmart Death Watch
« Reply #136 on: November 10, 2018, 07:15:24 PM »

Metro Detroit will be down to three Sears locations left after the Allen Park location closes. They are all in the same general area as well. Westland, Livonia and Novi. Hard to imagine a metro area of roughly 4 million only has three Sears stores left.
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davewiecking

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Re: Sears-Kmart Death Watch
« Reply #137 on: November 10, 2018, 08:56:04 PM »

In January 2018, Sears filed the federally-required notice (for businesses over 100) with the state that they would be closing the Bethesda, MD (Montgomery Mall) location in March 2018. At the last minute, they apparently reached a lease agreement (having sold this store and 2 others to the mall owner a year earlier) for another year, and told the state "never mind". In June, the mall owners announced Sears would close in March 2019. They're indeed on the newest list.
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PAHighways

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Re: Sears-Kmart Death Watch
« Reply #138 on: November 11, 2018, 12:08:53 PM »

And another 40 gone, including the last one near me in Meriden, CT

https://www.cnbc.com/2018/11/08/sears-to-shut-40-more-stores-early-next-year.html

The axe falls on what became the closest Kmart to me after the last round of closures.
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Flint1979

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Re: Sears-Kmart Death Watch
« Reply #139 on: November 11, 2018, 07:01:38 PM »

Lakeview Square Mall in Battle Creek is losing it's Sears. This mall has already lost JCPenney and Macy's the last few years and will have no anchor stores left after Sears closes.
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kevinb1994

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Re: Sears-Kmart Death Watch
« Reply #140 on: November 11, 2018, 07:29:00 PM »

Lakeview Square Mall in Battle Creek is losing it's Sears. This mall has already lost JCPenney and Macy's the last few years and will have no anchor stores left after Sears closes.

Another one bites the dust.
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jon daly

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Re: Sears-Kmart Death Watch
« Reply #141 on: Today at 08:18:50 PM »

All this talk made me think about how dated the book THE MALLING OF AMERICA is. So I Googled it and the first three links are to Amazon pages. Oh, sweet irony!


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