ADVERTISEMENT

Sears is selling these 16 stores in an online auction

The stores were not included in two previously announced rounds of mass closures to be carried out this year, which affected a total of 166 stores.

  • Sears
ADVERTISEMENT

Sears is closing more stores and auctioning off 16 others in an online auction.

The closing stores include Sears locations in Wilmington, North Carolina, and Youngstown, Ohio, as well as Kmart stores in Brandon, Florida, and Saugus, Massachusetts. Sears will also likely close its store in Tacoma Park Mall in Tacoma, Washington. The owner of the mall, Simon Property Group, recently revealed plans to demolish the Sears store and replace it with several buildings including a movie theater.

The properties are advertised as sale and lease-back deals, meaning Sears would make rent payments to the winning bidders to remain in the space.

ADVERTISEMENT

Castleton Square Mall, Indianapolis, Indiana

Southlake Mall, Merrillville, Indiana

University Park Mall, Mishawaka, Indiana

Twelve Oaks Mall, Novi, Michigan

330 Siemers Dr., Cape Girardeau, Missouri

ADVERTISEMENT

South County Center Mall, Mehlville, Missouri

Mid Rivers Mall, Cottleville, Missouri

Battlefield Mall, Springfield, Missouri

Great Northern Mall, North Olmsted, Ohio

Richland Mall, Mansfield, Ohio

ADVERTISEMENT

Southpark Center, Strongsville, Ohio

Parkdale Mall, Beaumont, Texas

Deerbrook Mall, Humble, Texas

San Jacinto Mall, Baytown, Texas

Rolling Oaks Mall, San Antonio, Texas

ADVERTISEMENT

Plaza Paseo Mall, Pasadena, Texas

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Africa's gaming gold rush: Unveiling the surge in online gambling

Africa's gaming gold rush: Unveiling the surge in online gambling

Seven African countries added to Meta's AI service coverage

Seven African countries added to Meta's AI service coverage

10 African countries with the lowest inflation rates in 2024

10 African countries with the lowest inflation rates in 2024

Davido launches his label Nine+ in partnership with UnitedMasters

Davido launches his label Nine+ in partnership with UnitedMasters

Nigeria's economic ranking drops to fourth in Africa

Nigeria's economic ranking drops to fourth in Africa

Moscow inaugurates its House of Africa

Moscow inaugurates its House of Africa

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

10 best airports in Africa in 2024

10 best airports in Africa in 2024

10 most expensive cities in Africa in 2024

10 most expensive cities in Africa in 2024

ADVERTISEMENT