Flagship Chicago Store Closing !!!!

[Higgins]

Sears announced this afternoon, that they will be closing down their Down Town Flag Ship store this April! Discounts will start Monday!


AL

 

[Buckgnarly]

Phew, for a second I thought you were talking about Chicago Electric!!

 

[captain14]

And how much is the real estate worth it is sitting on? How long have they owned the property?

That is why my local Sears is closing in March. The property was sold to a developer.

 

[gc427]

Sad state of affairs for Sears.

Their future looks bleak at best.

Another American icon bites the dust?

 

[zilla68]

I'm sure they've held on and shown the devalued worth of the property for years like lots of big companies do, its on the books at cost 1000 years ago, and now its worth more than the store would ever bring in, in profits.
Most of their locations are like that I'm sure.

 

[audiojem]

Sears is not In tune with retailing today!
I was there this week to buy a tool chest it took forever to purchase it!
Their stores and employee's are tired and it shows!
Also their website is sub par.
The world has past Sears by.

 

[frankush]

They've talked about shutting that store down for years.

 

[Radio Flyer]

I was more sad to see north and Harlem close...

 

[5.0vert]

I was more sad to see north and Harlem close...

I built 50% of my tool collection from that store.