Connect with us

Headlines

Sears Closes Another of Its Last Remaining Locations

The Ft. Lauderdale, Fla., location will be permanently closed

mm

Published

on

Shutterstock.com

Transformco (Hoffman Estates, Ill.), owners of Sears and Kmart, announced plans to permanently close the Ft. Lauderdale, Fla., Sears location. It was officially closed at the end of business day Monday, Jan. 24, according to a company press release. The company also sold some land it owned adjacent to the location to RK Centers, which is planning to build a mixed-use development on the site.

Coresight Research (New York), according to Retail Dive, recently tallied the remaining Kmart stores and found five operational. At the time of Kmart’s bankruptcy filing in 2002, there were roughly 2100 locations; more than 1000 were still open until 2015. In 2021 alone, there were 46 Sears closures. Last year, Sears closed its final hometown store in Illinois.

Transformco cited its “go-forward store strategy” for both Kmart and Sears in its press release; it says its planning a “diversified portfolio” of a smaller amount of “larger, premier” stores with an array of formats.

Jesse Gonzalez, VP of Store Operations at Sears, says, “We want to thank the loyal customers in the Ft. Lauderdale area for their many years of support and remind them to shop at our other Florida locations and on sears.com.”

Most Popular