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Sears in Springfield's Gateway area to close in March or April

Sears in Springfield's Gateway area to close in March or April

The closure is part of 64 KMart and 39 Sears stores slated to close between early March and early April 2018 in 29 states.

According to a press release from Sears Holdings, the location at 3555 Highway 190 will be closed by early April.

Sears sold its store in the Lloyd Center in 2016 and on Thursday its parent company said it would close its store at the venerable mall, which is in the process of reinventing itself.

Sears Holdings Corp. will be closing over 100 more stores as the struggling department store chain tries to turn around its business.

Though Mihelish said the closure was "generally expected", he was surprised the company didn't finish out the last two years of its lease of the Helena property.

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The Sears located at 5540 Winfield Avenue at Oakridge Mall is closing, and the store at San Rafael's Northgate Mall is closing too.

"There is an opportunity for us to use the existing retail and have this open space because it doesn't get any better that existing Watson frontage opening up for 3 or 4 stores", Hogan said. Three of the Sears stores are in Texas, one each in Austin on I-35, in Houston on Highway 6 and in Midland on North Midkiff Road.

Seritage aims to capture higher rates by slicing up Sears anchor stores into smaller spaces and re-leasing them - such as the former Sears at the King of Prussia Mall, which is now occupied by a Primark and a Dick's Sporting Goods.

Most of the jobs are part-time positions, Sears Holdings spokesman Larry Costello said in an email.

Most retailers have yet to report full fourth-quarter results, but Macy's said sales at stores open at least a year were up 1 percent in November and December compared with the prior year.


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