Profitable or not, it all boils down to logistics. If your store is profitable and the other stores around you are not and they close those stores, you will be next in line. It makes no sense and cost lots of money to ship merchandise to one lone store way out there in no mans land. Look at a map of the closing store. Notice how they are in one geographic area or in one district or in districts that are next to one another? Notice how they are closing whole states worth of stores. That is how they will close down the company.
Any stores in a depressed area or that are close to unprofitable stores will close first, then the stores that are a little more profitable. Then they will close the DC down that supplied those store and so on.
And if your store is owned by SHC then you will close when Seritage need more property to develope. Keep your eye on Seritage and how the money Eddie ans ESL investments is backed by SHC property and inventory.
Quit focusing on profitablity. That may give you a little time because you are paying the bills for some other stores, but if you are owned by SHC then you will either downsize and they will sublet to another company if you are in a mall such as Dave and Buster or you will be transfered to the REIT- Seritage to be redeveloped at some time in the future. Keep track of how far along each property is redeveloped and you can get a hint of when the next round of SHC owned or Seritage owned stores will close.
Posted by @OcqD3in-1xky, thought it deserved a thread for excellent info.