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SHLD Store Closures


krazeenyc

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10 Kmarts to close.

 

5 Kmarts in Detroit Closing.

• Burton (85 employees)

• Flint (81 employees)

• Madison Heights (179 employees)

• Port Huron (188 employees)

• Rochester (77 employees)

http://www.clickondetroit.com/news/5-michigan-kmarts-to-close-in-december/28206032

 

Rio Rancho Kmart New Mexico

http://www.koat.com/news/kmart-to-close-rio-rancho-store/28212758

 

Fort Wayne and Decatur Kmart Closing

http://wane.com/2014/09/23/kmart-closing-ft-wayne-and-decatur-stores/

 

Janesville Kmart Closing

http://www.gazettextra.com/20140923/developer_sees_opportunity_in_kmart_closing

 

Muncie Kmart Closing

http://www.thestarpress.com/story/news/local/2014/09/23/muncie-kmart-closing/16105889/

 

 

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It seems to me that in the past shld has closed kmart stores in the 1st qtr (after Christmas season) as opposed to the 4th qtr.(closed before Christmas).

 

They indeed may be trying to take advantage of the busier shopping season before Christmas to liquidate more quickly.

 

It is interesting that some of these stores have leases expiring at later dates and are still closing before the lease ends.

 

 

anyway thanks to all for keeping up with store closures here in this thread.

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It seems to me that in the past shld has closed kmart stores in the 1st qtr (after Christmas season) as opposed to the 4th qtr.(closed before Christmas).

 

They indeed may be trying to take advantage of the busier shopping season before Christmas to liquidate more quickly.

 

 

 

 

It is interesting that some of these stores have leases expiring at later dates and are still closing before the lease ends.

 

 

anyway thanks to all for keeping up with store closures here in this thread.

 

I think when you liquidate before the christmas season you are doing so b/c you do not want to or cannot stock up on inventory for the christmas season for the stores in question.

 

Sears in the Bronx, NY is closing. (announced a while ago haven't seen it posted).

http://bronx.news12.com/news/everything-must-go-as-sears-prepares-to-close-fordham-road-location-1.9404945

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krazeenyc,

 

Could you please update the main page for the YTD store closures? Since your last update (July 29th), it looks like there are 37 additional closures in the thread. Thank you!

 

I don't know if this has been posted but here is another site that has 2014 store closures tallied...Although I haven't researched them all to verify the info..

 

http://investcorrectly.com/20141016/sears-kmart-2014-closure-list/

 

 

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