Mark Clifton

Sears Opening Smaller-Format Appliance Stores

Even though Sears is constantly adding underperforming stores to its list of closing locations, the once-great retailer isn’t ready for burial just yet. In an effort to focus on one of its core businesses, Sears is thinking small.

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(Richie Diesterheft)

Sears Will Close Its Oldest Operating Store, Which Opened In Chicago In 1925

Corporate cutbacks mean losing company history, and the next store on Sears Holdings’ closing list is historic: having opened in 1925, it’s the oldest still-operating store in the chain. The store, which is in Chicago’s Ravenswood neighborhood, will begin its liquidation sale in two weeks, on May 19, and will ultimately close in August. [More]

Nicholas Eckhart

Kmart And Sears Add Stores In MI, WV, IA, LA, WI, And GA To Closings List

Sears Holdings needs to make some cuts, and has been closing its stores in addition to taking on roommates and cutting back on corporate staff. In addition to the 50 or so store closings that Sears Holdings announced locally at the beginning of the year and the 78 store closings that the company announced two weeks ago, today the news broke that three additional Kmart stores will close in Georgia, Michigan, and West Virginia. [More]

Michael Dunn

RadioShack is importing its new CEO from Australia. Their original post-bankruptcy leader quit back in January, and the new president and chief executive officer will take over at the beginning of May. He previously worked at Target Australia (which, confusingly, is not affiliated with the U.S. retailer Target) and was in charge of e-commerce at Sears Canada. [Press Release] [Fortune]

(Scott Miller)

Report: Sears Would Need To Close Nearly Half Its Stores To Succeed

While last week’s announced closings of 78 Sears Holdings stores made headlines, the company has been quietly culling retail locations for years. But a new analysis of the department store sector concludes that Sears and other mall mainstays are far from finished with eliminating stores. [More]

Nicholas Eckhart

Sears Holdings Will Close Additional 68 Kmart Stores, 10 Sears Stores

In their recent rounds of store closings, Sears Holdings tried something new: they announced them to the stores’ local news outlets, but didn’t release a nationwide list of stores slated to close. We started compiling our own list based on local news stories and reader tips at the beginning of this year. Late Thursday, Sears Holdings announced an additional 78 store closings, and saved us some work by putting out a national list. Scheduled to close in this round are 65 Kmarts, 3 Super K stores, and ten Sears stores. [More]

Mike Mozart

Forget The Internet — H&M Wants To Double Its Number Of Retail Stores

With traditional bricks-and-mortar retailers continuing to lose ground to online sales, and longtime mall mainstays like Sears and JCPenney either closing locations or selling off floor space, the trend is definitely toward smaller retail footprints and focusing on the web. But the CEO of one of the world’s largest clothing retailers plans to buck that trend in a big way. [More]

You Will Soon Be Able To Rent Out Office Space Inside A Staples Store

You Will Soon Be Able To Rent Out Office Space Inside A Staples Store

With a growing number of shoppers going online, retailers no longer need the vast acreage of floor space inside their stores — like Hallmark shops inside of JCPenney, or Sears Hometown mini-stores inside of Ace Hardware. And with more people working remotely, it was only time before some retailer got the notion of carving out some rental office space for customers.  [More]

Will

Leasing Brochures Indicate Sears Plans To Shrink 3 More Stores, Rent Out Empty Space

On our master list of known Sears and Kmart stores that will be closing in coming months, one item kind of stands out: one store in Albuquerque plans to cut the size of its store in half and close the Auto Center, renting out the rest of the store. Sears appears to be using the same plan in other markets, including three stores in California. [More]

Amazon Really Does Sell Everything, Opens Cable Store To Resell Comcast

(YayAdrian)

Someday, you will be able to buy your house and everything in it from Amazon, much like Sears a century ago. Perhaps to prepare for that day, Amazon is now selling Comcast’s Xfinity bundles in its new Amazon Cable Store, and the store setup implies that they’ll be adding carriers in other areas soon. [More]

Sears And Kmart Will Sell Returned Merchandise By The Pallet To Other Businesses

Sears And Kmart Will Sell Returned Merchandise By The Pallet To Other Businesses

When you return stuff to a store or in particular to an online store, generally it doesn’t end up back on the shelf. It ends up part of a collection of other returned items, which are sold at a discount to retailers specializing in closeouts. If you’re a businessperson who needs a truckload of baby stuff or watches, this may be your chance. [More]

Sears Delivers Filthy Oven, Has No Idea Why

Sears Delivers Filthy Oven, Has No Idea Why

A woman who loves to bake for her family saved for two years to buy a new built-in convection oven. Sears delivered it, and then she had to wait a few weeks to have it installed. That’s when she discovered a problem: what was supposed to be a new oven was full of baked-on filth and even grime on the glass. Sears says that this shouldn’t be possible, yet somehow it happened. [More]

Sears Holdings Plans At Least 4 More Kmart Store Closures In May

Nicholas Eckhart

After a tough year of losing half a billion dollars less than they did in 2014, Sears Holdings, parent company of Sears and Kmart, announced plans to close about 50 stores in the coming months. What the company no longer does is send out big announcements with lists of stores slated for closure, instead submitting local closings to local news outlets. That’s cool, but we’re a national news outlet that likes to pay attention to national trends, so we compiled a list for anyone who is interested. [More]

Yes, There Really Is A Dentist’s Office In A Kmart In Miami

Yes, There Really Is A Dentist’s Office In A Kmart In Miami

We learned about Kmart Dental in Florida from reader Jason, who sent us a link and noted that it “has got to be the oddest thing inside of a Kmart anywhere.” We don’t know whether it holds any strangeness records, but a dentist’s office inside a discount store is pretty unusual. We wondered how they ended up there, and whether Kmart dental offices were a common thing that we had just never heard of, so we called them up and asked. [More]

Sears Loses $580 Million In Last Quarter Of 2015, Still Working On That ‘Transformation’ Thing

Sears Loses $580 Million In Last Quarter Of 2015, Still Working On That ‘Transformation’ Thing

Earlier this week, we received an email from a reader with a tip for our Sears and Kmart store closings list. We checked it out and learned that her local Sears store was actually staying open, which took her by surprise. “It sure looked like that part of the mall was being taken down,” she wrote, relieved, mirroring many shoppers’ reactions to the continued existence of Sears and Kmart as a company. [More]

Best Buy Is Closing Website To Third-Party Sellers Today

Best Buy Is Closing Website To Third-Party Sellers Today

Allowing third-party sellers to sell on an e-commerce site can instantly expand a retailer’s online offerings without the retailer having to invest in more merchandise, but can also confuse shoppers who want to return their merchandise. After 5 years, Best Buy is shutting down its third-party marketplace today, citing shopper confusion and a decision to invest in other parts of the business as their main reasons. [More]

Only One Retailer Comes Out Smelling Worse Than Walmart In Latest Customer Satisfaction Surveys

Only One Retailer Comes Out Smelling Worse Than Walmart In Latest Customer Satisfaction Surveys

The American Customer Satisfaction Index has released its annual look at the retail industry, and once again Walmart scored the lowest among department stores, supermarkets, and personal care retailers. But one specialty retailer did manage to eke out an even lower score than Walmart. [More]

Kmart Buys Closeouts From Liquidating Companies To Offer More Tempting Deals

Kmart Buys Closeouts From Liquidating Companies To Offer More Tempting Deals

Maybe they got the idea from their own store closing sales. Kmart announced today that it is seeking out a new type of merchandise in hope of finding more fabulous deals. It wants to compete with retailers like Big Lots and Ollie’s by purchasing dirt-cheap merchandise from liquidating companies. The chain’s president, Alasdair James, says that the retailer wants to offer its customers “truly brag-worthy” and “extreme-value deals.” [More]