SEARS TO CLOSE 72 STORES IN NEAR FUTURE

Sears Holdings has identified approximately 100 non-profitable stores within its chain of stores and will close 72 of them in the near future. The company said it came to the decision as part of their ongoing efforts to streamline its operations.The stores destined for closure have not yet been revealed, but the company said it would identify them by mid-day.

Sears also added to its previous announcement earlier this month that a special committee of the board of directors of the company has initiated a formal process to explore the sale of the Kenmore brand and related assets, the Sears Home Improvement Products business of the Sears Home Services division and the PartsDirect business of the Sears Home Services division.

The company said the special committee continues to evaluate the letter from ESL Investments expressing interest in participating as a purchaser of all or a portion of the sale assets.

The Sears Hometown Store on North Main Street in Crossville is a privately owned facility and is not affiliated with Sears Holdings. When 105.7 News spoke with the owner of the Crossville location, he said business is up significantly – upwards of 55% – this year.



UPCOMING EVENTS

PRE-K AND KINDERGARTEN REGISTRATION SET FOR MAY 6, 2024 IN CUMBERLAND COUNTY2024mon06may7:00 am7:00 am

COMMODITIES DISTRIBUTION IN CUMBERLAND COUNTY MAY 14, 20242024tue14may9:00 am9:00 am

CONTACT INFORMATION

3B Media
105.7 The HOG / Spirit 101.9/ 93.3 The Ranch
94.1 The VIBE / 98.9 The WOLF
37 South Drive
Crossville, TN 38555

Phone: 931-484-1057
Fax: 931-707-0580