Light Rain 46°
Tag:

Sears

Business
Last Full-Size Kmart Store In US Set To Close: Here's Where, When Last Full-Size Kmart Store In US Set To Close: Here's Where, When
Last Full-Size Kmart Store In US Set To Close: Here's Where, When The nation's last remaining full-size Kmart discount department store is just weeks away from permanently closing, according to a new report. The New York store, located on Long Island, will close on Sunday, Oct. 20, a store employee told NBC affiliate WJAR in Providence on Sunday, Sept. 22. The store is in Bridgehampton on Montauk Highway (Route 27). A smaller format store in Miami, Florida remains open, the report said. Kmart operated around 2,500 stores at its peak in the early 90s, according to government filings. It merged with Sears in 2005. Earlier remaining full-size Kmart stores…

SHARE

by Joe Lombardi
Business
Target To Open At Danbury Fair Mall In Former Sears Location Target To Open At Danbury Fair Mall In Former Sears Location
Target To Open At Danbury Fair Mall In Former Sears Location A new Target store will be opening at the Danbury Fair Mall. It will take over the space formerly occupied by Sears, according to an announcement made on Tuesday, June 21 by Macerich, owns and operates the mall. The 126,000 square-foot two-level Target store will be the first in the City of Danbury. "Target coming to Danbury Fair is the latest anchor-replacement success for Macerich's A-quality portfolio of regional town centers," Macerich President Ed Coppola said. "The terrific merchandise mix and attractive demographics surrounding Danbury Fair make this property a great match…

SHARE

by Joe Lombardi
Lifestyle
H&M Opens In Danbury Mall H&M Opens In Danbury Mall
H&M Opens In Danbury Mall Finally, after months of waiting, trendy clothing retailer H&M is now open at Danbury Fair. The store occupies the former Express store space and also space next to it where Ann Taylor was at the mall, occupying 20,650 square feet, according to Melissa Eigen, Danbury Fair marketing manager. "We're very excited to welcome H&M back," Eigen said in announcing the store's pending arrival in May. "It's a highly requested retailer at Danbury Fair. The clothes are very trendy They have work styles, office styles, and casual clothing for males and female." An H&M store was previously …

SHARE

by Donna Christopher
Business
H&M Opening Store At Danbury Fair Mall H&M Opening Store At Danbury Fair Mall
H&M Opening Store At Danbury Fair Mall H&M is returning to Danbury. The trendy clothing retailer will move into Danbury Fair by summer's end or early fall. It will occupy the former Express store space and also space next to it where Ann Taylor was. The new store will extend all the way to Lord & Taylor, said Melissa Eigen, Danbury Fair marketing manager. A sign signals the pending arrival of H&M which is posting job ads for many different positions on Indeed and other employment sites. H&M located on the mall's lower level by Sears closed in 2014 at the mall on Backus Avenue. Eigen said the new store will be l…

SHARE

by Donna Christopher
Business
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree To Shut Down 390 Family Dollar Stores
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree is closing at least 390 Family Dollar stores and will rebrand 200 others, the company announced in releasing its fiscal fourth-quarter earnings this week. Dollar Tree CEO Gary Philbin announced the plans on Wednesday, which will include renovating some locations to sell alcohol and $1 Dollar Tree merchandise sections. As many as 400 stores will get expanded refrigeration sections and some Family Dollar discount stores will be rebranded to the Dollar Tree brand. In total, the discount chain lost approximately $2.3 billion by the end of the fourth quarter. “We are further acceler…

SHARE

by Zak Failla
Business
142 Sears/Kmart Closures Now Include Milford Store 142 Sears/Kmart Closures Now Include Milford Store
142 Sears/Kmart Closures Now Include Milford Store Sears, once the world's largest retailer, has now officially filed for bankruptcy, while announcing plans to close another 142 unprofitable Sears and Kmart stores, including several in the area. The Sears closures include two in the Hudson Valley: at 75 West Route 59 in Nanuet and at 600 Lee Boulevard in Yorktown. Two Sears stores in Connecticut are closing: at 1201 Boston Post Road in Milford (Lands' End) and 850 Hartford Turnpike in Waterford (Lands' End). Among stores closing are five Kmarts in New York, including the Kmart at 987 Route 6 in Mahopac. No Kmart closures in Connecticut are…

SHARE

by Joe Lombardi
Business
Sears Files For Bankruptcy, Will Close 142 Stores Sears Files For Bankruptcy, Will Close 142 Stores
Sears Files For Bankruptcy, Will Close 142 Stores This story has been updated. Sears, once the world's largest retailer, has now officially filed for bankruptcy, while announcing plans to close another 142 unprofitable Sears and Kmart stores, including several in the area. The Sears closures include two in the Hudson Valley: at 75 West Route 59 in Nanuet and at 600 Lee Boulevard in Yorktown. Two Sears stores in Connecticut are closing: at 1201 Boston Post Road in Milford (Lands' End) and 850 Hartford Turnpike in Waterford (Lands' End). Among stores closing are five Kmarts in New York, including the Kmart at 987 Route 6 in Mahopac. No Kma…

SHARE

by Joe Lombardi
Business
Sears On Brink Of Bankruptcy, Report Says Sears On Brink Of Bankruptcy, Report Says
Sears On Brink Of Bankruptcy, Report Says After years of store closures, Sears, once the world's largest retailer, could be just days away from facing bankruptcy. The 125-year-old company, which has not turned a profit since 2010, has approached several banks to prepare for a bankruptcy filing, according to CNBC. Sears has a $134 million debt payment due Monday that it previously reported it cannot cover, the report said. Eddie Lampert, a hedge-fund manager who took over as Sears CEO in 2013, said in late September that despite changes in the way it does business, the future looked bleak for the once vibrant company. “The journey…

SHARE

by Joe Lombardi
Police & Fire
Accused Shoplifter Eats Counterfeit Bill While Being Questioned, Police Say Accused Shoplifter Eats Counterfeit Bill While Being Questioned, Police Say
Accused Shoplifter Eats Counterfeit Bill While Being Questioned, Police Say A man took an interesting approach to destroying evidence when he was caught with counterfeit money: he ate it. Police investigators in Milford were alerted by a loss prevention agent at Sears on Boston Post Road of a shoplifter who had been taken into custody shortly after noon on Tuesday.  The investigation into the alleged shoplifting incident found that New Haven resident Mizraim Diaz-Rivera, 42, was allegedly attempting to steal more than $120 in merchandise, possibly with a counterfeit $20 bill. While he was being detained, police said that Diaz-Rivera realized that the counterfeit b…

SHARE

by Zak Failla
Business
Full List Of New Round Of Sears, Kmart Closures Announced Full List Of New Round Of Sears, Kmart Closures Announced
Full List Of New Round Of Sears, Kmart Closures Announced Sears Holdings Corp., which owns Sears and Kmart, has announced the exact locations in a round of store closures as sales continue to decline. The company said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. Sears Holdings initially announced plans to close 72 stores, but later in the day adjusted that number to 63 stores: 48 Sears stores and 15 Kmart stores. Nine additional stores that it initially planned to announce would close will be evaluated further. There are 529 Sears stores and 365 Kmart stores in the U.S. The list of the Sears and Kmart…

SHARE

by Joe Lombardi