Local Sears Hometown store closing.

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I was surprised that there were still Sears stores open! Interestingly, for a period up until about 1950 or so they were an innovator in store design and location. They were the first to open car-centric out of downtown stores (perfect example was the Sears on 79th Street in Chicago - not a great picture - bad later renovation: ) and were very innovative from about 1935-50 in merchandizing inside the store and store design. Some of their stores were both unique as well as extremely appealing designs with parking on the roof in places like DC (iirc) and the LA area. But at some point they lost their way and weren't able to rekindle the excitement. It's interesting, at least to me, that in the UK retail has done much better because of superior marketing and product display within stores.

I remember even Marshall Field's had an appliance department (on State Street no less) - the Sony Trinitron we had in the 80's came from there. I think they had major appliances too - however, it has been 40 years....
 
Just drove passed the store today. It still has the "open until 8PM" sign in front. There really aren't many cars in the lot. I'll probably stop in there again soon to see when they are going to finalize things.

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The reason there is so much churning of our retailers, restaurants, and other "open to the public" businesses is because of the tax code and Wall street derivatives.

There is so much money to be made in setting up new buildings, opening new locations, seeing them be a successfully opened location, operating for awhile, then tearing it out, selling it in pieces, taking depreciation, divestitures, bankruptcies, mergers, refinancing, stock splits, and yes going out of business....and starting all over again.

Sure, a business can just sit there and operate in the black each year, and that's nice and stable.... but look at all the hoopla and commissions there are to be made in the previous paragraph. It's not my opinion, that's just the way it's gone.
 
Kmart

Our Kmart that closed several years back still has the sign and some of the lights on inside.

A semi could pull up any day now and bring all the merchandise back and they could re-open. It's possible right? lol

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