Sears, the retail giant started in Chicago in 1886, appeared to be on the verge of liquidation Tuesday, after a bid to save Sears by the company’s chairman appeared to fall short.Continue reading “Reports Say Sears Headed To Liquidation”
Featured image: The Sears inside of North Riverside Park Mall is among stores up for auction. | Alexa Rogals
The Sears store at North Riverside Park Mall is among roughly 500 Sears and Kmart locations its parent company hopes to auction off in January in order to pay its debts.
Featured image: Sears at the North Riverside Park Mall, 7501 Cermak Road | File
A year ago, Sears consolidated its sprawling 180,000-square-foot store at the North Riverside Park Mall into half that space as part of the company’s strategy to streamline its operations and move toward profitability.