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Sears is closing its last Chicago store after 80 years in business (SHLD)

Sears was based in Chicago for more than a century.

  • Sears was based in Chicago for more than a century. In its heyday in the 1970s, the company forever changed Chicago's skyline by building the iconic, 110-story Sears Tower.
  • The company's sales have dropped
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Sears is closing its last remaining department store in Chicago.

The company is shutting down the store, located in a shopping center called Six Corners, in mid-July after 80 years in business, The Chicago Tribune reports.

Sears was based in Chicago for more than a century. In its heyday in the 1970s, the company forever changed Chicago's skyline by building

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The latest closures, in addition to the Chicago store, include Sears and Kmart stores in Wilmington, North Carolina; Youngstown, Ohio; Brandon, Florida; and Saugus, Massachusetts.

Sears could close its store at Tacoma Mall in Tacoma, Washington, as well. The owner of the mall, Simon Property Group,recently revealed plans to demolish the Sears storeand replace it with several buildings, including a movie theater.

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