Top

Sears celebrates rare store openings

November 10, 2017

Category:

Sears and Kmart stores are folding at a record pace, a necessary strategy of attrition, the retailer says, to maximize productivity. It’s a remarkable decline for the former rivals, which once dominated the retail landscape. Sears and Kmart were once go-to department stores with Amazon-like levels of merchandise assortment and customer loyalty. The most recent plans to shutter stores come on top of hundreds announced in recent months.

Despite those mass closures, the company has announced a few store openings, including the June grand opening of its first Sears Appliances & Mattresses store in Pharr, TX. That effort builds on the success of its new Ft. Collins, CO Sears Appliances store last year – a location the company says “has surpassed projections.”

Read More on Retail Dive