Sears To Close Last Department Store In Its Home State Of Illinois
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Sears is officially closing down its last department store in Illinois. The department store began in Illinois and the first one opened in 1925. While Sears will be going away, there will still be 11 Sears Hometown Stores in the state. They sell hard goods and appliances and are smaller than a typical Sears.
Sears Holdings was acquired by Transformco in 2018 and plans to redevelop the property. The president of Real Estate for Transformco, Scott Carr, said, “We intend to reinvigorate and maximize the value of the real estate while enhancing the consumer experience with popular retailers that fit the regional draw of Woodfield Mall.”
Sears closing its last department store in its home state of Illinois
There are now only about 300 Sears and Kmart stores open in the United States. Back in the day, there were over 3,000. With the booming business of online retailers like Amazon, these big box stores and department stores are in trouble.
The COVID-19 pandemic also forced some retailers into bankruptcy, such as JCPenney and Neiman Marcus. What do you think of Sears closing its last department store in its home state? Do you still go to Sears?
The post Sears To Close Last Department Store In Its Home State Of Illinois appeared first on DoYouRemember? – The Home of Nostalgia. Author, Lauren Novak