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: 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.
Featured image: A last glimpse at Carson’s in North Riverside Park Mall. The store closed for good on Aug. 29. | Bob Uphues
Circling the dozen or so clothing racks consolidated into one area of what once was the women’s department of Carson Pirie Scott at the North Riverside Park Mall, bargain hunters quickly shuffle through merchandise priced at $7 an item. A short time later, the store’s loudspeaker announces a price cut to just $5 per item.