Another one bites the dust: Sears to close Hudson Valley Mall store

Sears closing over 100 stores, including Hanford

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Joanne Doerter, general manager of the Hanford Mall, said it's always sad to hear when a retailer closes stores and said it's unfortunate that Hanford is one of the locations. "Urbandale is a fairly large store on Hickman Road, and it will be closing in April". Liquidation sales will begin as early as January 12 at these closing stores.

Sears' latest store closures follow a year of cost-cutting and a pair of deals announced last month that Sears said would give it more financial flexibility heading into 2018.

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The company says eligible associates impacted by the closures will receive severance and will be able to apply for open positions at other stores.

In a recent SEC filing, Seritage said that the department-store chain had exercised its right to terminate the leases on 19 unprofitable stores.

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The Macy's furniture store in Novato is closing, along with the Stonestown Mall location. It continues to test smaller store formats it hopes will lead to "specialized integrated retail experiences". More than 250 stores were shuttered nationwide in 2017.

The company also said it was almost finished with 81 of the planned 100 closures with another 19 locations yet to be announced. Overall sales across the USA grew by 4.9 percent from November 1 to December 24.

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Earlier Thursday, Macy's Inc. announced it was closing 11 stores early this year. "Sears stood for reliability and dependability". "People are changing their style of shopping".

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