Type to search

Commercial Real Estate News

Sears location in Delaware slated to close in August

Share

Sears logo

(AP) – A Sears location in Delaware is slated to close next month.

Sears Holdings spokesman Howard Riefs told the Delaware State News on Monday that they are making the necessary decision to close the store at the Dover Mall. Riefs says the store will close to the public in early August, but the Sears Auto Center will remain open.

The company tells news outlets affected employees will be eligible to receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores.

Riefs says they have accelerated the closing of unprofitable stores as previously announced. He says having fewer stores, and the right format, will help bring Sears Holdings Corp. to a size and place to meet the realities of the changing retail world.


Photo via Flickr user Mike Mozart

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

Tags:

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Get the DBT Book of Lists

The definitive publication of contacts and key information from over 1,500 of Delaware's top businesses and organizations across 60 industries. 

No, thank you.

Free for a limited time! (Normally $50)

Stay updated with our free email newsletter

Keep up with the issues, companies and people that matter most to business in Delaware.

No, thank you.