Good Lifestyle

the Disappearance of Sears Has played slowly for years now, and that has not shown any signs of stopping. Currently, the homonymous channel has around a dozen stores across the country, but it is not the only brand that has trouble. Sears HOMETOWN Stores Inc., a chain belonging to a franchise also under the umbrella of Sears, is now preparing to close its last remaining locations in the United States, read the rest to discover the liquidation and closure plans of 115 stores in the hometown of Sears.

Read this then: The chains of beloved shopping centers, including Dillard's, close stores, from Saturday .

Sears Hometown had already made a serious decline. In May, it was revealed that Approximately 100 locations Permanently closed in the following weeks, CNN reported. According to the media, the summer closures have been announced on the Facebook page of each individual store, and the discovery locations were distributed in 30 different states. AE0FCC31AE342FD3A1346EBB1F342FCB

"Unfortunately We have to announce The closure of our SEARS hometown store. This is not a decision that we made lightly. We loved all our time that we have been able to spend with you in the past 10 years ", read an article on Facebook from Louling, Louisiana, which was closed in June.

Sears Hometown had 750 stores in the United States from 2019. But CNN reported that the last set of closures represented "about half" of the remaining retail footprint of the chain. Now the other half ended up on the cutting block.

Sears Hometown works like a branch of the popular department store, emphasizing the sale of devices and tools, as well as equipment, lawn and garden equipment. According to Bloomberg, Sears Found from his hometown In 2012 as an effort to increase the income of his parent company in difficulty. It did not go as planned, with Sears Hometown Stores Inc. Bankruptcy On December 12, the point of sale reported.

Neil Saunders , the general manager of Globaldata Retail, told customers in a note on December 13 at one point, Sears Hometown had a better chances of survival than Sears appropriate, because the size of the smaller channel was "more optimal than the Huge stores , "by cnn.

"Instead, he followed the similar model of continuous decline which was the brand of Sears brand, hundreds of stores closing earlier this year," continued Saunders. "The advantages of having access to unique goods via exclusive products have also been lost, because the various brands that Sears are in the past have been sold and are now distributed more widely in all retail."

According to CNN, the bankruptcy deposit of Sears Hometown lists the assets of less than $ 50 million and the liabilities of at least $ 50 million.

RELATED: For more up-to-date information, register for our daily newsletter .

In a press release on December 23, it was announced that liquidation sales are underway in 115 stores in the hometown of Sears.

The closures are distributed in 36 states and Puerto Rico, but certain areas will be more affected than others. The Arkansas should lose the most places, because 12 Sears stores in the native city of the state already hold closing sales. Texas and California are also at the top of the list, eight and six locations being liquidated in each state, respectively.

"It is really an extraordinary buying opportunity for communities across America", " Arnold L. Jacobs , the executive director of Tiger Capital Group, one of the partners supervising liquidation sales, said in a statement. "These stores of 8,000 to 10,000 square feet are filled with tools and domestic devices on demand ... compared to the original price, discounts have an increase than 40%. This can go even higher in the Case of floor models and scratches and -in elements. "

Despite 130 locations Always registered in the store locator at Sears HOMETOWN, the 115 locations that close seem to be what remains of the retail footprint of the chain. A large banner on the home website home page can be read will closure Their doors! ""

This has also been confirmed by individual locations. "With great sadness, we announce that We received the call From the company, our store will close with all other hometown stores across the country, "the Sears Hometown store in South Williamson, Kentucky, published in a Facebook update on December 19.

Mark Minuti , a lawyer for the hometown of Sears, shared similar feelings during the first bankruptcy audience of the company. "What's going on here is this company going bankrupt , "Minuti said, according to Bloomberg." Make no mistake: it's a sad day for our business. ""

Better life Contacted Sears for more information on closings in the hometown of Mass Sears, but has not yet heard.