IPB

Welcome Guest ( Log In | Register )

 
Reply to this topicStart new topic
> Marquette Mall to lose last anchor store
Southsider2k12
post Nov 27 2018, 10:43 AM
Post #1


Spends WAY too much time at CBTL
******

Group: Admin
Posts: 16,409
Joined: 8-December 06
From: Michigan City, IN
Member No.: 2



https://www.nwitimes.com/business/laporte-n...50c72a08e5.html

QUOTE
Many thought it was only a matter of time, but now it's officially the end of an era in Michigan City.

Sears, the original everything store and long the largest retailer in the United States, announced it would close 40 more stores as it looks to restructure in Chapter 11 bankruptcy court. The Sears department store at 3901 Franklin St. in the Marquette Mall in Michigan City will be shuttered for good in February.

"As part of Sears Holdings' processes to accelerate its strategic transformation and facilitate its financial restructuring, on Nov. 8 the company informed associates at 40 stores that we will be closing these Sears and Kmart stores in February 2019," the company said in a statement. "Liquidation sales at these stores are expected to begin late next week."

The closures announced Thursday are in addition to the previously announced closure of 142 unprofitable stores expected to be completed near the end of the year.
User is offlineProfile CardPM
Go to the top of the page
+Quote Post

Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



Lo-Fi Version Time is now: 28th March 2024 - 07:41 AM

Skin Designed By: neo at www.neonetweb.com