Price's Corner Sears store to shut down in January

The closures were announced Jan. 4.

Sears Holdings on Jan. 4 announced the closure of 39 Sears locations nationwide, including the store at 3240 Kirkwood Highway, Price’s Corner.

Liquidation sales could begin by Friday, Jan. 12.

The company also said an additional 64 Kmart stores would close.

The same day, Macy’s announced it would shut down 11 stores this year, despite good sales over the holidays. In 2017 the company said it would be closing 100 stores overall, 68 that year with more to be announced.

Both the Sears and Macy’s stores at the Dover Mall were spared from the closings.

In its statement, Sears company officials said all of the selected locations will go dark by early April.

“Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size,” read the statement.

“In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members.”

Eligible store workers will receive severance packages and can apply for jobs at other locations.

Sears, which once had a near monopoly in retail and catalog sales across the nation, has struggled in recent years. The company listed more than 3,500 locations in North America only 12 years ago; by the last quarter of 2017, that number was down to a little fewer than 950.

The announcement continues the trend of e-commerce taking business away from traditional brick-and-mortar stores and malls.

The Macy’s closures brings the company’s total listing of lost stores to 79. The remainder have yet to be announced.

Thursday

The closures were announced Jan. 4.

Jeff Brown; jeff.brown@doverpost.com; @DoPoJeff

Sears Holdings on Jan. 4 announced the closure of 39 Sears locations nationwide, including the store at 3240 Kirkwood Highway, Price’s Corner.

Liquidation sales could begin by Friday, Jan. 12.

The company also said an additional 64 Kmart stores would close.

The same day, Macy’s announced it would shut down 11 stores this year, despite good sales over the holidays. In 2017 the company said it would be closing 100 stores overall, 68 that year with more to be announced.

Both the Sears and Macy’s stores at the Dover Mall were spared from the closings.

In its statement, Sears company officials said all of the selected locations will go dark by early April.

“Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size,” read the statement.

“In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members.”

Eligible store workers will receive severance packages and can apply for jobs at other locations.

Sears, which once had a near monopoly in retail and catalog sales across the nation, has struggled in recent years. The company listed more than 3,500 locations in North America only 12 years ago; by the last quarter of 2017, that number was down to a little fewer than 950.

The announcement continues the trend of e-commerce taking business away from traditional brick-and-mortar stores and malls.

The Macy’s closures brings the company’s total listing of lost stores to 79. The remainder have yet to be announced.