Thread regarding Sears layoffs

Stores closed in the past year

From Edgar filing at https://www.sec.gov/Archives/edgar/data/1310067/000119312518082457/d549746dex991.htm

Stores open at end of fiscal year

Kmarts Sears Specialty

Feb 3, 2017 735 670 25

Feb 2, 2018 432 547 23

That's 41% of Kmarts and 18.4% of Sears FLSes. And I believe there are 50 more Kmarts by April, if I recall correctly.

That's a lot of really good people and revenue potential lost over the course of a single year.

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| 788 views | | 4 replies (last March 18, 2018) | Reply
Post ID: @OP+SdakRKp

4 replies (most recent on top)

Expect those numbers to keep dropping even further.

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Post ID: @2qzw+SdakRKp

547 Sears stores left. That sounds about right. Why so amazed. Sears has been around forever. Before Eddie came no one ever closed the unprofitable stores, but there have been unprofitable stores since the 80s.

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Post ID: @1amm+SdakRKp

Where did you get 432? It’s kmart, Sears, Specialty. If you are reading across that means 432 Kmart, 547 sears, 23 Specialty.

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Post ID: @1jqn+SdakRKp

So their is 432 Sears left in the whole nation? If so thats just insane that shrunk has Sears become.

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Post ID: @1eeg+SdakRKp

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