I just learned some news via the Facebook O.N.Z group. Here's how ABC7 reported it:
Sears Holdings, the parent company of Sears and Kmart stores, announced the closure of dozens of stores across the country.
The company chose to close 64 Kmart stores and 39 Sears stores that were considered "unprofitable," according to a press release.
Of those 64 Kmart stores, two will close in Southern California. One store is located at 8017 S. Atlantic Ave. in Cudahy and the other is at 1670 E. 4th St. in Ontario. The stores will close in mid-March and early April, respectively.
Long-time readers of Empoprise-IE (all two of you) are not surprised. Remember my 2016 visit to this very store, where the aisles were free of shoppers and products (other than VHS tapes), and one frustrated shopper was ready to go to Radio Shack instead?
Oh, and for those who are familiar with my previous posts about Sears in general, most recently in
August, here's Sears' most recent statement (as quoted by the
Chicago Tribune) after the latest closures:
“We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members.”
I'm beginning to suspect that the members' preferences for Sears' physical store footprint is around zero.