Tuesday, January 23, 2018

Mall News

Sears Holdings plans to shutter 103 additional stores in between early March and April 2018, consisting of 64 Kmart stores and 39 Sears locations. This is in addition to the previously announced 63 Sears/Kmart locations scheduled to close at the end of this month. The new round of closures will leave the retailer with 875 locations, down from 3,510 six years ago…Macy’s will shutter 7 additional locations it had not previously identified for closure. The moves are part of a plan announced in August 2016 to close 100 stores. Altogether, the company has now revealed 81 of the 100 locations...Boscov’s department store will open its second New England location this year at the Connecticut Post Mall in Milford, CT, its 47th location across its 7 states.

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