Luke 532 Posted February 20, 2014 Share Posted February 20, 2014 Great work, thanks, Guys. Just curious, how did you guys setup a search or automatic notification for this? I have Google Alerts sent to my Gmail account: "Kmart" "Sears Holdings", etc. Link to comment Share on other sites More sharing options...
heth247 Posted February 20, 2014 Share Posted February 20, 2014 I have Google Alerts sent to my Gmail account: "Kmart" "Sears Holdings", etc. I see. I never used google alert before. Sounds pretty handy. I tried signed up alerts from SearsHolding's IR website, but it seems not working for me. Link to comment Share on other sites More sharing options...
Luke 532 Posted February 20, 2014 Share Posted February 20, 2014 I see. I never used google alert before. Sounds pretty handy. I tried signed up alerts from SearsHolding's IR website, but it seems not working for me. Alerts from SHLD IR won't get you much in terms of finding out about store closings... as far as I know none of the 2014 closings have had a press release from SHLD. Link to comment Share on other sites More sharing options...
Luke 532 Posted February 20, 2014 Share Posted February 20, 2014 2 more... Kmart to close Hunt Road location in Blue Ash (June) http://www.wlwt.com/news/local-news/hamilton-county/kmart-to-close-hunt-road-location-in-blue-ash/24582348 Banning Kmart Store to Close Down After 23 Years in Business (June) http://banning-beaumont.patch.com/groups/business-news/p/banning-kmart-store-to-close-down-after-23-years-in-business Link to comment Share on other sites More sharing options...
cubsfan Posted February 20, 2014 Share Posted February 20, 2014 Last spring, the local K-Mart about 6 miles from me closed. Sold for $12M. It's a nice suburban Chicago location. I am assuming it was company owned. http://articles.chicagotribune.com/2013-07-16/news/ct-tl-willowbrook-restaurant-opening-20130718_1_chick-fil-a-kmart-willowbrook-town-center ChicagoRealEstateDaily.com reported in February that the developer, James Dremonas, owner of Pete's Fresh Market, paid $12 million for the Kmart store in Willowbrook. The Kmart store closed in the spring. Wondering if this is representative of the sales we are seeing? Also wondering what you could gleen from the tax records as to the value that property was assessed at previously? Link to comment Share on other sites More sharing options...
krazeenyc Posted February 21, 2014 Author Share Posted February 21, 2014 KMART in Conover to close in June. http://www.hickoryrecord.com/news/article_5a6cbfd6-9a82-11e3-89c9-0017a43b2370.html Link to comment Share on other sites More sharing options...
Matson125 Posted February 21, 2014 Share Posted February 21, 2014 Last spring, the local K-Mart about 6 miles from me closed. Sold for $12M. It's a nice suburban Chicago location. I am assuming it was company owned. http://articles.chicagotribune.com/2013-07-16/news/ct-tl-willowbrook-restaurant-opening-20130718_1_chick-fil-a-kmart-willowbrook-town-center ChicagoRealEstateDaily.com reported in February that the developer, James Dremonas, owner of Pete's Fresh Market, paid $12 million for the Kmart store in Willowbrook. The Kmart store closed in the spring. Wondering if this is representative of the sales we are seeing? Also wondering what you could gleen from the tax records as to the value that property was assessed at previously? According to this article the property was indeed owned by Sears http://www.willowbrookil.org/DocumentCenter/Home/View/350 According to the Property Assessor site 840 Plainfield Rd. is listed at a tax value of $1.6 million http://www.dupageco.org/PropertyInformation.aspx parcel # 09-23-405-018 http://www.dgtownship.com/search.php parcel # 09-23-405-018 Link to comment Share on other sites More sharing options...
cubsfan Posted February 21, 2014 Share Posted February 21, 2014 Last spring, the local K-Mart about 6 miles from me closed. Sold for $12M. It's a nice suburban Chicago location. I am assuming it was company owned. http://articles.chicagotribune.com/2013-07-16/news/ct-tl-willowbrook-restaurant-opening-20130718_1_chick-fil-a-kmart-willowbrook-town-center ChicagoRealEstateDaily.com reported in February that the developer, James Dremonas, owner of Pete's Fresh Market, paid $12 million for the Kmart store in Willowbrook. The Kmart store closed in the spring. Wondering if this is representative of the sales we are seeing? Also wondering what you could gleen from the tax records as to the value that property was assessed at previously? According to this article the property was indeed owned by Sears http://www.willowbrookil.org/DocumentCenter/Home/View/350 According to the Property Assessor site 840 Plainfield Rd. is listed at a tax value of $1.6 million http://www.dupageco.org/PropertyInformation.aspx parcel # 09-23-405-018 http://www.dgtownship.com/search.php parcel # 09-23-405-018 Great - thanks for the info Matson. Link to comment Share on other sites More sharing options...
krazeenyc Posted February 21, 2014 Author Share Posted February 21, 2014 Petoskey Kmart to Close in June 2014 http://www.petoskeynews.com/news/business/kmart-store-to-close-in-june/article_16dcad54-8413-5f32-b487-985cad65eeaf.html Link to comment Share on other sites More sharing options...
adesigar Posted February 21, 2014 Share Posted February 21, 2014 Sears to close Sodo store, ending long run in historic building http://seattletimes.com/html/businesstechnology/2022962507_searslayoffsxml.html Link to comment Share on other sites More sharing options...
cubsfan Posted February 22, 2014 Share Posted February 22, 2014 Sears to close Sodo store, ending long run in historic building http://seattletimes.com/html/businesstechnology/2022962507_searslayoffsxml.html That looks like a valuable property or lease. Sears has been there since 1912! Link to comment Share on other sites More sharing options...
Luke 532 Posted February 22, 2014 Share Posted February 22, 2014 2 more announced late Friday: East Greenbush Kmart to close in June http://www.timesunion.com/local/article/East-Greenbush-Kmart-to-close-in-June-5257180.php Another Capital Region K-Mart to close http://wnyt.com/article/stories/s3335040.shtml Link to comment Share on other sites More sharing options...
Luke 532 Posted February 22, 2014 Share Posted February 22, 2014 Sears in Dubuque Iowa (Kennedy Mall) -- Lease not renewed. Closing Late April 2014. http://www.kcrg.com/news/local/Sears-Closing-Dubuque-Kennedy-Mall-Store-in-Late-April-241382241.html They're averaging 1 per business day this year. Me likey. 56 closings in the first 53 days of 2014. I like that pace. I don't expect that pace to stay at 1/day, but it is nice to see Lampert making significant moves. Link to comment Share on other sites More sharing options...
Luke 532 Posted February 24, 2014 Share Posted February 24, 2014 Another Kmart closing in South Jersey (Berlin) http://www.courierpostonline.com/article/20140223/BUSINESS/302230058/Another-Kmart-closing-in-South-Jersey?nclick_check=1 Link to comment Share on other sites More sharing options...
adesigar Posted February 24, 2014 Share Posted February 24, 2014 Sears in Dubuque Iowa (Kennedy Mall) -- Lease not renewed. Closing Late April 2014. http://www.kcrg.com/news/local/Sears-Closing-Dubuque-Kennedy-Mall-Store-in-Late-April-241382241.html They're averaging 1 per business day this year. Me likey. 56 closings in the first 53 days of 2014. I like that pace. I don't expect that pace to stay at 1/day, but it is nice to see Lampert making significant moves. We cant be sure that every Sears/Kmart closing is being reported online. It might be higher than 56 closings in 53 days. We will find out more in 4 days. Link to comment Share on other sites More sharing options...
Mephistopheles Posted February 24, 2014 Share Posted February 24, 2014 Does anybody know approximately how many they had closed YTD at this time last year? Link to comment Share on other sites More sharing options...
Matson125 Posted February 24, 2014 Share Posted February 24, 2014 Does anybody know approximately how many they had closed YTD at this time last year? 2012 annual report: 2073 total stores q1 2013: 2062 total stores q2 2013: 2036 total stores q3 2013: 2018 total stores all figures are excluding Sears Canada Link to comment Share on other sites More sharing options...
Mephistopheles Posted February 24, 2014 Share Posted February 24, 2014 Does anybody know approximately how many they had closed YTD at this time last year? 2012 annual report: 2073 total stores q1 2013: 2062 total stores q2 2013: 2036 total stores q3 2013: 2018 total stores all figures are excluding Sears Canada Thanks. So it looks like most of the closings were in the 2nd quarter. So far this year most of the closings seem to be for April, which is still first quarter. So hopefully we get a hell of a lot more announcements in the coming few months for closings in 2Q. Link to comment Share on other sites More sharing options...
Luke 532 Posted February 24, 2014 Share Posted February 24, 2014 Winchester Kmart Will Close in Late Spring http://www.winchesterstar.com/article/022414breakk Link to comment Share on other sites More sharing options...
Matson125 Posted February 24, 2014 Share Posted February 24, 2014 Big Kmart closing in north Raleigh http://www.bizjournals.com/triangle/blog/2014/02/big-kmart-closing-in-north-raleigh.html Link to comment Share on other sites More sharing options...
Luke 532 Posted February 25, 2014 Share Posted February 25, 2014 Harrisonburg Kmart Will Close In June... home of my undergrad, go JMU Dukes! http://www.dnronline.com/article/new_harrisonburg_kmart_will_close_in_june Link to comment Share on other sites More sharing options...
Luke 532 Posted February 25, 2014 Share Posted February 25, 2014 87 to Lose Jobs as Middletown Kmart Sets Closing Date (June) http://levittownnow.com/2014/02/24/87-to-lose-jobs-as-middletown-kmart-closes/ Link to comment Share on other sites More sharing options...
Luke 532 Posted February 25, 2014 Share Posted February 25, 2014 Business North: Grand Rapids Kmart to close (June) http://minnesotabrown.com/2014/02/business-north-grand-rapids-kmart-close.html Link to comment Share on other sites More sharing options...
Luke 532 Posted February 28, 2014 Share Posted February 28, 2014 Kmart On South Campbell In Springfield Closing This Summer (July) http://www.jrn.com/ktts/news/Kmart-On-South-Campbell-In-Springfield-Closing-This-Summer-247863911.html Link to comment Share on other sites More sharing options...
Luke 532 Posted March 7, 2014 Share Posted March 7, 2014 Watson Glen Shopping Center Kmart to close (May) http://williamsonsource.com/kmart-closing/ Link to comment Share on other sites More sharing options...
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