New list of Sears, Kmart store closures includes another Hawaii location
Jun 01, 2018, 16:32
Locally, Kmart has a location at 975 Fairmount Ave. while a Sears is located within the Chautauqua Mall.
Sears is closing another 72 stores after reporting first-quarter losses and plunging sales.
When the company posted a list on its corporate website of Sears and Kmart stores that will be closing, it did not include the Oakwood Mall anchor store or any of the company's other locations in Wisconsin.
The stores will close in September.
Rob Riecker, Sears' chief financial officer, said in a pre-recorded call that Sears must close poorly performing stores and "focus on our best stores, including our newer smaller-store formats".
This is in addition to the 64 Kmart stores and 39 Sears stores that have already shut down this year.
"We continue to evaluate our network of stores, which are a critical component in our transformation, and will make further adjustments as needed and as warranted", Sears said in a statement announcing its fiscal first-quarter results. "By diminishing the quality of the in-store experience, Sears has basically trained consumers to avoid going inside".
The retailer put out its earnings, which were dismal, and announced it would do another round of store closures.
The announcement of the Peabody store closing was expected after a developer filed plans earlier this month to build a fitness center and outdoor pool near the site of the current Sears.
The company said total revenue for the first quarter was $2.9 billion, down from $4.2 billion in the same quarter a year ago. While most of that decline was due to previous store closings, sales fell 12% at the stores that remained open.
The three countries remain parties to the 2015 Iran nuclear deal, and are scrambling to save the deal's framework . Iraq is no exception, and Syria is no exception. "People will not accept foreigners in this region anymore".
Lava continued to creep across a road in Leilani Estates on Monday at a rate of 13 feet per hour, USGS Volcanoes said. Additional ground cracking and outbreaks of lava in the area of the active fissures are possible.
The Financial Times, which first reported the deal, said the company was valued at €1.7 billion including debt. Bridgepoint, which bought Pret for £364 million in 2008, had been considering listing the firm in NY .
But the good news, if there is any, is that Trump may have shot himself in the foot - the trade war is only beginning. The tariffs of 25% on steel and 10% on aluminium, which affect the EU, Canada and Mexico , come into effect on Friday.
The United States accuses Maduro's government of stifling democracy, repressing the opposition and massive corruption. And a number of politicians and diplomats have traveled to Caracas in recent months to try to negotiate his release.
Trump has repeatedly said he would not have appointed the former senator had he known Sessions would recuse himself . Nunberg told the New York Times , though he declined to classify Spygate as a conspiracy theory.
Alize Cornet advanced in her homeland, while fellow seeds Barbora Strycova and Anett Kontaveit came through their opening matches. Nadal beat 2015 champion Stan Wawrinka 6-2, 6-3, 6-1 in the final for his record-extending 10th championship at Roland Garros.
The new games (there's a Pikachu version and an Eevee version) are remakes of Pokemon Yellow geared specifically for casual fans. Earlier this evening, the Pokemon Company announced a brand new Pokemon game for the Nintendo Switch , called Pokemon Let's Go .