Thread regarding Sears layoffs

LOL, these stores won't be around long. Expect them all to close after New Year.

@hrpc While I agree that inventory will dwindle, I don't agree they will stay open. I think at least the far flung ones will all close after Christmas. It is not efficient in any way to ship to a store that has none within 700 (or whatever) miles of it. They will close, simple as that.

You will probably start to see inventory in these far flung stores dwindle rapidly.. As has been said its not cost effective to send a truck all the way to drop one pallet of new toys. Those stores will be limited solely to full truck loads which will probably be infrequent. Best shopping will be the week after the truck delivers and then probably be stuck a month or two with limited inventory.

Just for fun, I fixed the map to show which stores have pharmacies (only 16 do, on the mainland US).

https://drive.google.com/open?id=1iwlHbzIegctLw4QRvrLSaqAW-MLrENgY&usp=sharing

@4nkq OP here. Would if I could, buddy, but problem is, with Sears, I simply don't Know which stores are still open. I can't rely on the website because they have long-since closed stores there. With Kmart, and the relatively few locations, it was fairly easy to call and verify which were closing. Sorry about that, if someone has a map for Sears, I'd like to see it.

Able to make one of these for the Sears locations?

Haha, thanks dude, this map is a hoot! 48 freaking stores scattered all over these United States, with no apparent pattern, rhyme, or reason for the remaining locations. ROFL, they are funny! And observe as these remaining dots slowly (or not so slowly) start disappearing!

@1wkq There must be some method to the madness. I mean, no disrespect to Hamilton, Montana LOL, but it isn't a premier shopping destination, to my Knowledge. You mention NY/NJ. Paramus and Wayne NJ are arguably 2 of the biggest shopping towns in the country, yet Kmart and Sears both closed their stores in both of those towns. Yet for some reason they persist in such gigantic markets such as Hamilton, Montana, West Lebanon, New Hampshire, Hobbs, New Mexico, and Minot, North Dakota. Don't ask.
Also, in NJ, there are 2 stores Kearny and Bellville that are 2 miles from each other. They have to be taking business from each other. Yet, instead they closed West Orange NJ, which was several miles west of those. Ya, this must have something to do with leases or something, or maybe he just Knows something I don't, because this is not adding up at all. Is there some source that would show when leases are up for the different locations? I would be curious to read that. And yes, there are many small grocery chains that have more than 48 stores LOL!

Of course, keeping 48 stores alive makes no sense whatsoever, as it is now less than many regional grocery chains. The ones that are near each other (like the one in Miami and three in the Keys, those in the NY/NJ area, and those in Southern Cal) might just be waiting for an opportunity to consolidate inventory, or may just be running out the lease. As for the remaining 10+ that are far flung, there must be some other method to Eddie's madness. Plus, how many liquidations can they do at the same time?

LOL, the one they keep in Texas is Mcallen. All the way the hell down south near Mexico. The closest Kmart to that is in Hobbs, New Mexico, 700 miles away. We're dealing with a bunch of geniuses here.

For sure, those onesies states are going. Looking at this map, the whole northern part of the country is dotted with these remote stores, in weird locations. No way that can continue. It's like if a company made a parody of itself, as a joke or a SNL skit. Doooh, where should we run Kmart stores? I don't Know, let's just throw darts at a map and see where they land. What a joke.

The Montana store has a "blow out sale" sign outside. Doesnt mention closing, but I think it eventually will.

@1rsp Yep, makes sense. I think it's not by accident that the 4 Florida stores for example, are in 1 corner of the state. You are correct that the random, far flung ones will probably go first, then the others, but the net result will be the same. I think they might keep Guam/USVI open, but that's about it.

They are waiting on real estate leases/sales to close for the remainder of the locations. The few that are in area where there is some geographic proximity might last a little longer (e.g. Miami and the Keys, Southern California, NY/NJ Metro) to house any containers that they might be still getting in from the ports, so they can have something to sell during the liquidation "sales". 60 to zero Kmarts in a matter of a few months.

In Washington we still have a few sears FLS left. Perhaps they are doing mixed trucks with sears and the one Kmart on the same truck. Multiple stores on one truck is common, perhaps it’s cross format now?

@ykp Whatever the size of truck, they're still Paying someone to drive all the way to a random Montana location, with no other store within 1000 miles of it. Can't possibly be Cost effective right?

@11W4AlSd-zsx Spoiler alert, it isn't profitable.

The distances between the stores in the central part of the U.S. is astounding. I presume they have equally distant and sparse distribution warehouses. Hard to believe this is profitable.

The K-Mart in Des Plaines, Illinois is in a good location....not very near competitors, and was well stocked at the time. It sure looks run-down compared with a Target, but it has a lock on the market if someone doesn't want to drive very far to get essentials. I went there for a wet/dry vacuum and the hardware area looked more like a Sears, with all the craftsman items. The checkout was abysmally slow...only one cashier.

It depends on the size of the truck, and whether it is full or not.

Ya like that dude wrote, 10 states have only 1 Kmart each. Not sure why they keep those open. I could see a state with several locations like CA, but to just have 1 in a state, then have to send a truck up there just for 1 store, seems bizarre.