August 23, 2018 12:08 PM
Sears Holdings is closing 46 more locations, including 33 Sears and 13 Kmart stores, this fall.
The location at Eastview Mall in Victor will close its doors for good in November. Liquidation sales are expected to begin as soon as next week, according to the company.
Senior Vice President of Leasing and Development at Wilmorite Dennis Wilmot issued the following statement to News10NBC:
“The announcement that Sears at Eastview will be closing in November is disappointing but not entirely unexpected. The general public is well aware of Sears ongoing struggles in the rapidly changing retail environment. Wilmorite has invested millions of dollars over the past two decades to keep the mall a vibrant super regional shopping destination. The same cannot be said for the Sears store in Victor. The store at Eastview, similar to over 200 stores nationwide, is owned by Seritage Growth Properties. Seritage has successfully redeveloped many of these locations into vibrant retail complexes that complement and in most cases enhance the adjoining malls. Given the success Eastview continues to experience in a difficult retail climate, the closure may be a result of the intangible value of the real estate and what it could become.”
The Sears Auto Center in Victor will close late next month.
Sears Holdings said that eligible workers will receive severance and be able to apply for openings at other nearby stores.
The Sears at The Mall at Greece Ridge closed earlier this summer. The only Sears that remains in the Rochester area is at Marketplace Mall in Henrietta.
Click here for a full list of locations closing.
Updated: August 23, 2018 12:08 PM
Created: August 23, 2018 06:30 AM
Copyright 2018 - WHEC-TV, LLC A Hubbard Broadcasting Company