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Sears Holding Corporation

Business
New Long Island Sears Closure Announced New Long Island Sears Closure Announced
New Long Island Sears Closure Announced Another Sears store is closing on Long Island, this one being the longstanding location in the Smith Haven Mall. After 50 years, Sears in the mall located in Lake Grove will officially close on Wednesday, May 6, eliminating 77 jobs.  The company filed paperwork with the state’s Department of Labor announcing the closure on Thursday, Feb. 6. The closure leaves only three Sears stores left on Long Island in Massapequa, Valley Stream and Bridgehampton. There has been a rash of closures of Sears and Kmart locations throughout New York following Transformco’s purchase of the ass…

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by Zak Failla
Business
Closure Of Bohemia Store Will Leave Long Island With Just One Kmart Closure Of Bohemia Store Will Leave Long Island With Just One Kmart
Closure Of Bohemia Store Will Leave Long Island With Just One Kmart Another one bites the dust. The latest round of store closing by Kmart’s parent company, Transformco, which purchased the assets of Sears Holding Corporation earlier this year, will leave Long Island with just one Kmart location, as the Bohemia store is set to shutter its doors. That store is expected to begin motions to close its doors next month. The only remaining Kmart location on Long Island will be on Montauk Highway in Bridgehampton. "Since purchasing substantially all the assets of Sears Holdings Corporation in February 2019, Transformco has faced a difficult retail environment an…

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by Zak Failla