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In May 2022, it was announced that roughly 100 more Sears Hometown stores would close permanently, [30] This came shortly after the company announced plans to close 70 Hometown stores. [31] By September 2022 the number of remaining stores was less than 150. [32] On December 13, 2022, Sears Hometown filed for Chapter 11 bankruptcy. [26]
Sears is closing 26 more Sears and Kmart stores in the US in October, a press release from the retailers' parent company said on Tuesday.
An official closing date wasn’t revealed. Sears used to have at least 11 stores in New Jersey, however they all have closed (or about to close) since the brand’s 2018 bankruptcy that resulted ...
The new list of closures includes 35 Kmart stores and eight Sears stores. The closings will bring Sears' store count to less than 1,140, down from 2,073 five years ago. STOCK PRICE FOR SHLD.
On October 23, 2019, Sears Hometown and Outlet Stores completed its sale of its Sears Outlet division to Franchise Group, Inc. [56] while Transformco completed the acquisition of the remainder of Sears Hometown at the end of the same business day. [57] Sears Hometown had 414 stores at the time of its acquisition by Transformco in October 2019. [28]
How many Sears and Kmart stores are left? Not many. The retailers are set to close nine stores, leaving 35 open stores after the closures.
This was the last Sears store in Ohio, [12] besides a Sears Hometown Store in Norwalk, which is closing in 2023 as part of a plan to close all Sears Hometown stores. The mall became managed by Pacific Retail Capital Partners in 2020. [13] On December 10, 2022, Regal Cinemas announced plans to close along with 23 theaters in the United States.
The closings will bring Sears' store count to about 1,180, down from 2,073 five years ago. Sears announced its first round of store closures in January. Three more rounds have been announced since ...