Sears prepares for bankruptcy (update: files for Chapter 11)
Posted Oct 10, 2018 - 5:10 am
Posted Oct 10, 2018 - 5:24 am
Well ... I think we all saw it coming.
"I started concentrating so hard on my vision that I lost sight. " (Northern Exposure)
Posted Oct 10, 2018 - 5:58 am
long time coming, no big surprise there
Posted Oct 10, 2018 - 6:05 am
The timing of this (if it happens) means that we'll still end up posting a Sears BF ad because it was likely finalized weeks ago but the stores likely won't honor the sale as they'll be doing liquidation sales most likely.
Posted Oct 10, 2018 - 11:13 am
Our last Sears just closed its doors (or, if not, they are in the last few days). I went in when everything was marked way down already, and checked out with over $50 total. The cashier handed me my receipt, and then handed me a gift card and said "Here! You earned a $10 gift card!" with a big smile on her face. I laughed, and said a $10 gift card to a store that's closing???
Posted Oct 10, 2018 - 2:46 pm
Not surprising...glad I was able to get a good deal on new Kenmore appliances from them earlier in the year.
Posted Oct 10, 2018 - 6:08 pm
Surprised it hasn't happened sooner.
Posted Oct 15, 2018 - 3:37 am
So they found enough $ to be able to file for chapter 11 instead of chapter 7. So stores and the web sites stay open for now although they are going to close even more stores by the end of the year.
Just postponing the inevitable in my opinion...
Posted Oct 15, 2018 - 5:40 am
Wish someone with some business sense would buy them and bring them back. They need updating and the current company is not the one to do it.
Posted Nov 9, 2018 - 5:51 am
Posted Nov 9, 2018 - 7:44 am
I just heard on the radio that Lowe’s is the new home of craftsman tools. My grandpa always loved giving me craftsman tools over the years so I’m glad that they will stick around at least.
Sears sold Craftsman to Stanley Black and Decker for like $900M in 2017, so they are pretty safe. I have seen a lot of Craftsman in ACE Hardware since then also.
Posted Nov 10, 2018 - 4:14 am
40 more stores set to close
Sears: Airport Way, FairbanksArizona
Sears: 4604 E. Cactus Road, PhoenixCalifornia
Sears: La Cumbre Plz., Santa BarbaraConnecticut
Kmart: 26471 Ynez Road, Temecula
Sears: 470 Lewis Ave., MeridenFlorida
Sears: 801 N. Congress Ave., Boynton BeachIdaho
Sears: 3342 N.W. Federal Hwy. U.S. 1, Jensen Beach
Sears: 2300 E. 17th St., Idaho FallsIllinois
Kmart: 3443 W. Addison, Chicago
Kmart: 3250 Clear Lake Road, SpringfieldIndiana
Sears: Marquette Mall, Michigan CityMaine
Kmart: 18 Elm Plaza, WatervilleMaryland
Sears: 7103 Democracy Blvd., BethesdaMichigan
Sears: 5575 B Drive N., Battle CreekMississippi
Sears: 1740 Bonita Lakes Circle, MeridianNorth Carolina
Sears: 1001 Barnes Crossing Road, Tupelo
Sears: 3320 Silas Creek Pkwy., Winston-SalemNebraska
Sears: 3404 W. 13th St., Grand IslandNevada
Sears: 4355 Grand Canyon Dr., Las VegasNew York
Sears: 3065 Route 50, Saratoga SpringsOhio
Sears: 21182 Salmon Run Mall, Watertown Kmart: 805 New York Ave., Huntington
Sears: 987 E. Ash St., PiquaPennsylvania
Sears: 1665 State Hill Road, Reading / WyomissingPuerto Rico
Sears: 344 Stroud Mall, Stroudsburg Kmart: 7101 Roosevelt Blvd., Philadelphia Kmart: 1901 Lincoln Hwy., North Versailles
Kmart: Castro Perez Ave. (Pr 122), San GermanSouth Carolina
Kmart: 100 Ave. San Patricio, Guaynabo / San Juan Kmart: Betamces 400, Las Catalinas Mall, Cuagas
Sears: 2197 Dave Lyle Blvd., Rock HillTennessee
Sears: Southland Mall, MemphisTexas
Sears: 401 Northgate Mall, Chattanooga Sears: 198 Foothills Mall, Maryville Sears: 1720 Old Fort Pkwy., Murfreesboro
Sears: 750 Sunland Park Dr., El PasoVirginia
Sears: Longview Texas Mall, Longview
Sears: 10101 Brook Road, Glen Allen / RichmondWashington
Sears: 2500 Milton Ave., JanesvilleWisconsin
Kmart: 6077 S. Packard Ave., Cudahy
- Kmart, 26471 Ynez Road, Temecula, CA
- Kmart, 3443 W Addison, Chicago, IL
- Kmart, 3250 Clear Lake Road, Springfield, IL
- Kmart, 18 Elm Plaza, Waterville, ME
- Kmart, 805 New York Ave, Huntington, NY
- Kmart, 7101 Roosevelt Blvd, Philadelphia, PA
- Kmart, 1901 Lincoln Hwy, North Versailles, PA
- Kmart, Castro Perez Ave (Pr 122), San German, Puerto Rico
- Kmart, 100 Ave., San Patricio Guaynabo/San Juan, Puerto Rico
- Kmart, Betamces 400, Las Catalinas Mall, Caguas, Puerto Rico
- Kmart, 6077 S Packard Avenue, Cudahy, WI
will be gone by Feb 2019
so if these stores are near you, don't expect them to have a BF sale
Posted Nov 13, 2018 - 8:40 am
So the 3 stores left are actually having a bf sale?
Posted Nov 13, 2018 - 11:27 am
The one closing in Richmond, VA is in a dying mall anyways
Posted Nov 14, 2018 - 10:52 am
I was shocked at the customer service I received from Sears today (in a good way).
I picked up a pair of pants that I bought on clearance for like $5. I was waiting for 5 minutes and the guy brings out a pair that he knows are the wrong color (someone pulled the wrong color). He asked what color I ordered, and goes back to find them. Ten minutes have passed by now, and I was a little annoyed but wasn't going to make a big deal about it. The guy says thanks for waiting and it should not have taken that long. He said "I am going to give you 25,000 points for your inconvenience. That's $25!
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