Thread regarding Sears layoffs

This is a super out of date thread. I have no idea why you posted to it. The count now is 34 Kmarts, 25 in the US states.

@1isxf+13ocJ1kg LMAO dude, it's there are not there is. And there are only 4 Kmarts in FL as HOLYWOOD FL Kmart closed ages ago. Come on.

It's Westwood, New Jersey... not "West Wood".

There is 5 Kmart's in Florida as of April 27th of 2020 not 4. 1. Hollywood, 2. Key Largo, 3. Key West, 4. Marathon, 5. Miami.

Sounds promising, but apparently they still have to vote on it Next Week? So do you think I should count it now, or wait until then? Sounds like it's 98% certain but maybe I should wait until the city makes it official?

Minneapolis is at least the third Kmart i know of that is closing because the property owner bought out the lease early. Others are Assembly Square in Somerville MA, and Penn Plaza in NYC.

Kmart in Minneapolis is closing "by June 30". The city bought out the lease for $9.1 million, after three years ago buying the land under it for $8 million. The lease would have run through 2053.

http://m.startribune.com/minneapolis-will-buy-out-kmart-lease-reopen-nicollet/568526262/

Chestnut Hill-based WS Development is the current leaseholder on the 26-acre Capetown Plaza, which is anchored by one of the few remaining —->Kmart<—- stores in the state. The property is owned by the town of Barnstable but under the care of the Barnstable Municipal Airport Commission.

Last summer, the company was the winning bidder to redevelop the aging shopping center, entering into a 49-year lease that begins in 2024.

It plans to develop a $45 million, 300,000-square-foot lifestyle center — called The Landing at Hyannis — that may include retail stores, restaurants, entertainment, office space, hospitality and service establishments, and fitness and medical centers in buildings that may have multiple stories.

My bad, I meant 6 states have 1 store each, not 7! Those are, from west to east, MT, ND, MN, MI, NH, MA. These are the ones I would look at for removal soon! Minnesota, being probably the main hangup, for now, based on their lease situation, but hopefully they can get out of that soon. :)

Being that Burlington was now proven, List Man Jack has renewed his master command list. We now stand at 44 Kmarts, 33 of which are in the US. You're welcome, cheers:

Alabama
X
Alaska
X
Arizona
X
Arkansas
X
California

Big Bear Lake
Costa Mesa
Freedom -P
Grass Valley -P
Long Beach
Mckinleyville
Ramona
South Lake Taco (LOL)
Colorado
X

Connecticut
X
Delaware
X

Florida

Key Largo
Key West
Marathon
Miami
Georgia
X
Hawaii
X
Idaho
X
Illinois
X
Indiana
X
Iowa
X
Kansas
X
Kentucky
X
Louisiana
X
Maine
X
Maryland

Edge Water
Silver Spring -P
Massachusetts

Hyannis
Michigan

Marshall -P
Minnesota

Minneapolis
Mississippi
X
Missouri
X
Montana

Hamilton
Nebraska
X
Nevada
X
New Hampshire

West Lebanon
New Jersey

Avenel
Belleville
Kearny
West Wood
New Mexico
X
New York

Bridgehampton
Bronx
Bronx -P
NY -P
White Plains
North Carolina
X

North Dakota

Minot
Ohio
X
Oklahoma
X
Oregon
X

Pennsylvania

Columbia -P
Kingston -P
Walnutport -P
Willow Street -P
Rhode Island
X
South Carolina
X
South Dakota
X
Tennessee
X
Texas
X
Utah
X
Vermont
X
Virginia
X
Washington

X
West Virginia
X
Wisconsin
X

Wyoming
X

Territories:
Guam

Tamuning, GU
Puerto Rico

Bayamon
Guaynabo
Hato Rey
Mayaguez
Ponce
Rio Piedra
USVI

St. Croix
St. Croix
St. Thomas
St. Thomas
Statistics: Kmart absent in 38 states. 7 states, MA, MI, MN, MT, NH, ND, have only 1 each. 33 Kmarts in US States total. Of those in the US, 10, marked with letter "P", have pharmacies.
Puerto Rico has 6 Kmarts, USVI has 4, Guam has 1, so 11 total stores outside of the US. We have 44 total Kmarts left as of now that are not closed or closing.
States with more than 1 Kmart:
CA: 8
FL: 4
MD: 2
NJ: 4
NY: 5
PA: 4

@5gce+13ocJ1kg That might very well be the case, it's just that I saw no evidence of it in that link. It seems like it's abot historical museums or something, which, while interesting, made zero mention of any Kmart property that I could find. Now I'll admit, that about halfway through, I switched to just skimming through it (frankly out of boredom), so I might have missed the reference to any Kmart property.

All that being Said, I'm somewhere between 99.9 and 100% sure they will close, because historically, all the straggling onesie state-stores eventually close. This is in a Summer-Beach town, that is only really populated about 3 Months per Year. It will close very soon.

Hyannis is NOT yet a closing store. But it is a store that I expect will close, because the master leaseholder wants to redevelop the property.

@3edu+13ocJ1kg Maybe I missed something? But I see no mention of anything store-related in there?

Burlington, WA link:

https://www.skagitbreaking.com/2020/02/10/burlington-kmart-slated-to-close-in-april/

OK Boomer

The master leaseholder for the Hyannis MA Kmart shopping center plans to redevelop the property, so I expect that one will also close in due time.

https://www.barnstablepatriot.com/news/20200206/air-and-space-museum-lands-in-hyannis

@2qme+13ocJ1kg True, but part of it I think is that IKEA most likely pays their vendors.

It is possible to run a nationwide chain with a small number of far-flung locations. iKEA does it quite well. But I doubt Sears or Kmart will ever learn anything from IKEA.

Still seems id–tic to keep those Kmarts in Burlington, Hamilton, Minot, Minneapolis, and Marshall still open. They are so isolated! I was really hoping they would be closing in this round, oh well.

@lww+13ocJ1kg 45 Kmarts left of 2,486 stores that were open at Kmart's peak. 45 divided by 2,486 is roughly 1.8%. So we have lost over 98% of Kmart stores since then....

Yes @OP+13nnJYeW

Do you know if any sears are closing in Florida? Thanks

At its peak in 1994, Kmart had 2,486 stores globally, including 2,323 In the US

You missed the Brooklyn NY Kmart. It’s still open.

Link for Holyoke, MA:
https://www.masslive.com/news/2020/02/holyoke-kmart-to-close-in-april.html

Anyone know how many Kmart stores there were at it's height?

Thank you for keeping this up-to-date. Please note that both "Edgewater" (MD) and "Westwood" (NJ) are misspelled as two-word names; and both are spelled with one word.