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.

Sears is closing in the Smith Haven Mall.
Photo Credit: *Google Maps*

02/13/2020 7:22 p.m.

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 assets of Sears Holding Corporation, which filed for bankruptcy in 2018.

"Since purchasing substantially all the assets of Sears Holdings Corporation in February 2019, Transformco has faced a difficult retail environment and other challenges," the company wrote in a statement.

"We have been working hard to position Transformco for success by focusing on our competitive strengths and pruning operations that have struggled due to increased competition and other factors. To support these initiatives, our owners (along with a third-party investor) have recently provided the company approximately $250 million in new capital."

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