This emblematic channel closes the stores, from tomorrow
This large retailer slowly gets rid of more locations across the country.
Like those of us who once rented our favorite films at Blockbuster or bought fashionable clothes from Delia, there arecountless stores that we loved Decades that are no longer there today. Once the omnipresent retailers close their doors for good have nothing new, but the last years have been particularly known on businesses. In 2020, the pandemic forced large retailers like Lord & Taylor and Stein Mart to close, and now record inflation is also wreaking havoc on some of our favorite stores. For an emblematic chain, reduction of losses means closing several stores this week. Read the rest to find out which retailer closes the locations tomorrow.
Read this then:This chain of emblematic clothing firm 40 locations this year.
Many popular retailers have recently closed locations.
At a given time in their lifespan, most of the fallen stores were considered hot products, but even large retailers were forced to reduce completely or close the store. Sometimes these closures are a matter of maintenance: in April and May, Walmart closed a number of "sub-performant" storesAcross the country- despite being considered one of the best retailers in the United States
Other companies are engaged in more widespread closures. Earlier this month, the main CVS pharmacies channelsclosed some locations Around the country as part of a massive set of closures that take place over the next year.
Another emblematic channel is starting to close the stores this week.
The closures are far from over. Several stores in the hometown of Sears are closed this week, according to various local reports and publications on social networks. The first is a location in downtown Edenton, North Carolina, which isBe closed tomorrow, June 22,The Chowan Heraldreported. Then, several stores will have their last day on June 23, according to the official Facebook pages of the individual in the hometown of Sears. This includes locations inCambridge, Minnesota;Luling, Louisiana;Taos, New Mexico;Keokuk, iowa; andGreen valley, Arizona.AE0FCC31AE342FD3A1346EBB1F342FCB
"Unfortunately, we must announce the closure of our store in the hometown of Sears," wrote the Sears team in Luling in an article on Facebook on May 18. "This is not a decision that we have taken lightly. We liked all our time that we have been able to spend with you in the past 10 years."
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Sears plans to close some 100 stores in the hometown in the near future.
Although it is the first stores, it is certainly not the last Sears closings that we will see.Better life previously reported in May that several stores in the hometown of Sears wereAnnounce liquidation sales On their Facebook pages, and many are still publishing on the liquidation now. Overall, around 100 locations in the hometown of Sears should close permanentlyin the next weeks, according to a CNN report of May 31. According to the media, it is almost half of its remaining retail footprint.
Sears figures have been decreasing for some time now. In 2019, there were 750 shops in the hometown of Sears opened in the United States, but in September 2021, there was only around300 Sears and Kmart stores Left in the country, Transformco - the company that bought the two retailers in 2018 -United States today at the time. According to the company, the majority of these 300 locations were natal city stores, which are "mainly exploited by dealers or franchisees independent of a transformco affiliate".
The emblematic retailer has disappeared slowly.
The fall of Sears was a slow burn. After the company began to open retail sites in 1925, Sears progressed to becomeThe largest retailer In the United States in the 1980s. Finally, late sales led to the purchase of the company by Kmart in 2004 in order to relaunch the two stores in difficulty. This did not go as planned - and Sears and Kmart deposited for the bankruptcy of chapter 11 in 2018, then were bought in 2019 by an American billionaire and a businessmanEddie Lampert, which is both an old CEO of Sears and the founder of Transformco.
Despite all this, in September 2021, Transformco saidUnited States today that it was "very concentrated" on the growth of the residential service enterprise of Sears and planned to "continue to extend the stores of the hometown and the Home & Life stores in cities and cities that had previously had stores of larger formats ". However, as more and more closures are announced this year, the path to go seems to be a little less certain.
Read this then:This emblematic clothing chain closes stores, from June 23.
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