22 replies to this topic

[dbull75]

Proof that North Carolina and other states were lucky enough that Sears didn't move from Illinois. 100-120 Sears/Kmart stores will close: http://finance.yahoo...-113133071.html

[kermit]

The Sears obituary is continuing to trickle out of the business press:

Quote

Holiday Sales Woes Cast Cloud Over Sears

Sales at stores open at least 12 months have slid every year since the company was created by the well-known hedge-fund investor in 2005. But its deteriorating condition has accelerated this year—it posted a $421 million loss last quarter—and it said Tuesday that same-store sales for the eight weeks ending Christmas Day dropped 5.2% compared to the year before......
  

http://online.wsj.co...sNewsCollection

EDIT: Sorry, I missed the above post before I typed.

Edited by kermit, 28 December 2011 - 12:31 AM.

[NCMike1981]

Here's the latest closing list:

http://searsholdings...22711_close.pdf

looks like NC will be losing Sears stores in High Point, Statesville, Rocky Mount and Moorehead City