Sears to close 100 to 120 Kmart, Sears stores

[retailisking]

http://bangordailynews.com/2016/12/29/news/bangor/unprofitable-bangor-kmart-to-close-in-april

[Zayre88]

Bangor's Kmart store a couple years ago:



This building would be a great location for a Market Basket!

[danfifepsu]

Bangor's Kmart store a couple years ago:



This building would be a great location for a Market Basket!

I said this to a friend and 2 from bangor said I am surprised its not already closed,another said not many cars in the lot. I will go to it soon . I last went to Bangor in 2006. Remaining Kmarts In ME: MAdawaska, Auburn, Augusta and Waterville.

[retailisking]

Of the remaining Kmarts in Maine, it appears that the Madawaska store is the only one where Seritage owns the real estate.

[danfifepsu]

Of the remaining Kmarts in Maine, it appears that the Madawaska store is the only one where Seritage owns the real estate.

will it close? its the only store of its kind for 60 miles in the US side but across the border in Canada is a WAlmart and CAnada and the US have different products. 

[danfifepsu]

More Kmart and Sears closing.   http://fox2now.com/2017/01/04/full-list-of-kmart-and-sears-stores-closing-across-the-country/

[TRU7536]

The cromwell store is on the closing list. Kind of sad

[giantsfan2016]

The cromwell store is on the closing list. Kind of sad

Yeah. I wish I could get there, but since I don't have a car I can't.

[Zayre88]

Sears is also closing in Augusta Maine (Turnpike Mall)  Saw this in the lists...

[katnapped]

At least 105 Kmart stores closing this time around.

[danfifepsu]

At least 105 Kmart stores closing this time around.

108 leaving Kmart w 630 stores, how could this be?

[katnapped]

At least 105 Kmart stores closing this time around.

108 leaving Kmart w 630 stores, how could this be?

You're correct.  I had three left out.

630 stores left...down to about a quarter of what they had at their peak :(

[store215]

A sad and interesting thing to note, Kmart in Garden City, MI is on the list.....this was their very first store.

[danfifepsu]

A sad and interesting thing to note, Kmart in Garden City, MI is on the list.....this was their very first store.

why would it be? it sholdnt be, if that cant make it i feel its bye bye Kmart in 2018

[store215]

A sad and interesting thing to note, Kmart in Garden City, MI is on the list.....this was their very first store.

why would it be? it sholdnt be, if that cant make it i feel its bye bye Kmart in 2018

That's being optimistic. I'm not even sure if they will make it thorough the rest of 2017 at this point. The CEO just had to throw more money in to keep it afloat and it was announced that Craftsman is being sold to Stanley/Black & Decker. The end is sadly near.

[Bdubs]

The cromwell store is on the closing list. Kind of sad

That is a huge vacancy, as Xpect Discounts closed last year and they were right next to each other. I heard the landlord has been shopping for potential tenants since last year. He probably knew they weren't renewing that lease. Target was one of the retailers, it would be a good fit there.

[giantsfan2016]

Shoprite might be taking part of the KMART spot. 2 people who work at Shoprite near me told me Shoprite was going to open in Cromwell in late 2017 or early 2018. Just don't know which family would own it.

[shore72]

I'm really saddened by the Craftsman sale; what else is left, aside from real estate? We were in Sears a couple in December and the place wasn't packed, but it wasn't dead, either. Major appliances, furniture, white goods-they were all devoid of people-but there were lines at the register in tools. We stopped in once again over the New Years weekend and the place was looking really picked over. I was surprised that they hadn't reduced Christmas stock further...what were they waiting for?

[danfifepsu]

I'm really saddened by the Craftsman sale; what else is left, aside from real estate? We were in Sears a couple in December and the place wasn't packed, but it wasn't dead, either. Major appliances, furniture, white goods-they were all devoid of people-but there were lines at the register in tools. We stopped in once again over the New Years weekend and the place was looking really picked over. I was surprised that they hadn't reduced Christmas stock further...what were they waiting for?

what yaer will Kmart go? And them getting rid of their first store is pathetic.

[retailisking]

I'm really saddened by the Craftsman sale; what else is left, aside from real estate?

They're still trying to unload Kenmore and DieHard. When those brands and Sears Home Services go there will be nothing left to sell and they will liquidate. I think they've pretty much given up on trying to sell the Sears Auto Centers; there are no other suckers like Roger Penske waiting in the wings.

[Zayre88]

Inside Bangor's closing Kmart:

The store was unusually busy on Tuesday.  Discounts ranged from 10 to 30% off... not too impressive yet. 

There was 70% off remaining Xmas items (still pretty lame for a final store closing when the discounts were at 85% off at Lowe's and 90% off at Walmart!)

[retailisking]

There was 70% off remaining Xmas items (still pretty lame for a final store closing when the discounts were at 85% off at Lowe's and 90% off at Walmart!)

The liquidators know that the heaviest volume of shoppers come in at the earliest stages, so there's little incentive for them to discount too much.

[giantsfan2016]

The liquidators know that the heaviest volume of shoppers come in at the earliest stages, so there's little incentive for them to discount too much.

True dat. When Geno and I went to the Cromwell, CT store on Saturday all the registers were open and they all had long lines. They were ringing out customers at the Customer Service Desk and there was a long line there too. I had never seen a KMART so busy before. And the stuff at the store was only 10-20% off.

[giantsfan2016]

Sears is running out of options to avoid closing. (DUH)

http://nypost.com/2017/01/27/sears-has-few-options-to-save-chain-from-closure/

[Retail Fan+ (Justin Hill)]

This time, Kmart and Sears will "ship" my pants, drawers and other purchases until all the shelves are bare!  XD

[danfifepsu]

Sears is running out of options to avoid closing. (DUH)

http://nypost.com/2017/01/27/sears-has-few-options-to-save-chain-from-closure/

what year will all Kmarts close?

[Retail Fan+ (Justin Hill)]

Sears is running out of options to avoid closing. (DUH)

http://nypost.com/2017/01/27/sears-has-few-options-to-save-chain-from-closure/

what year will all Kmarts close?

This year or next year.

[danfifepsu]

Sears is running out of options to avoid closing. (DUH)

http://nypost.com/2017/01/27/sears-has-few-options-to-save-chain-from-closure/

what year will all Kmarts close?

This year or next year.

how many will be left in 2019?

[retailfan]

My guess is the only thing that will remain of Sears or Kmart by 2019 will be an online presence I doubt that the brick and mortar stores will be around  I think that they are doing basically the same thing that Ritz Camera was trying to do and go to an internet only  such as Montgomery Ward . Time will tell  but with the shop your way program they started I believe that is the direction they are heading .   

[danfifepsu]

My guess is the only thing that will remain of Sears or Kmart by 2019 will be an online presence I doubt that the brick and mortar stores will be around  I think that they are doing basically the same thing that Ritz Camera was trying to do and go to an internet only  such as Montgomery Ward . Time will tell  but with the shop your way program they started I believe that is the direction they are heading .   

how many will be left by next summer as there will be 630 left by April 1. they had 2300 in 1995.