Farmington Sears Store to Close by February

Thursday, November 7, 2019 at 8:22 PM

Editor's note:

The new owners of Sears announced today they will be closing 96 additional Sears and K-Mart stores. The Sear store located at the Animas Valley Mall, 4601 E. Main Street, is among those listed to be closed by February 2020. The move leaves only 182 Sears and K Mart stores left in operation. The K-Mart store at 3000 E. Main Street is expected to remain open.

See the entire list of closings here.

From TransformCO:

Thursday, November 7, 2019

Since purchasing substantially all the assets of Sears Holdings Corporation in February 2019, Transformco has faced a difficult retail environment and other challenges. 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. As part of this process, we have made the difficult but necessary decision to streamline our operations and close 96 Sears and Kmart stores.

Going out of business sales at these stores are expected to begin on December 2. Following these closures, Transformco will operate 182 stores. We will continue to evaluate our Sears and Kmart footprint, consistent with our overall retail and service strategy. We will endeavor to create and deliver value through a strategic combination of our better-performing retail stores and our service businesses, brands and other assets, and expect to realize a significant return on our extensive portfolio of owned and leased real estate. These assets include Innovel, which provides logistics solutions to businesses and consumers, Sears Home Services as well as Shop Your Way® and financial services, and our Kenmore® and DieHard brands.

These businesses will also benefit from the recent acquisition by an affiliate of Transformco of Sears Hometown – a network of more than 400 independently-owned and operated, dealer-managed smaller-format stores that are known for offering customers a range of home products, including appliances, lawn & garden, tools and sporting goods. Members can use the store locator function on our website to find the location of their nearest Kmart and Sears stores. We also encourage members to shop at Sears.com and Kmart.com.

Image courtesy: Creative Commons

More from Local News

San Juan College Luminaria Display: Sat. Dec. 7, 2024

Sounds of the season will ring campus-wide as San Juan College’s listener-supported radio station, KSJE 90.9 FM, broadcasts your favorite Christmas carols. The KSJE Facebook page will also provide live video coverage of the event several times throughout the evening.
2024 Election: San Juan County Contested Races

These are the unofficial election results from voting on Tuesday, November 5, 2024 of the contested races in San Juan County, NM.
Local Freight Rail to receive up to $4 Million more for project

The (Four Corners Freight Rail) project aligns with the selection criteria by enhancing resilience and improving system and service performance, as the project will provide a viable freight transportation modal alternative to highway trucking, opportunities to simplify the supply chain, and enable new, rail-dependent economic development opportunities thereby imparting benefits to the Navajo Nation and surrounding communities.
Teen Boy Fatally Stabbed, Mother Beaten, Juvenile Suspect Arrested

The victim is a 12-year old boy who died of apparent stab wounds. A second victim, believed to be the suspect’s mother, sustained injuries from a blunt object attack and is being treated at CommonSpirit Mercy Hospital in Durango. The names of the victims are being withheld as the investigation is ongoing. The incident was reported by a motorist who was involved in a single vehicle accident shortly after 7 a.m., believed to have been caused by the suspect as he fled the residence on Snowy Peaks Way. Deputies discovered the scene when they arrived to investigate the accident.
Woman & Bystander Fatally Shot in Farmington

Andrew Wittenberg has been charged with aggravated burglary, larceny of a firearm, two counts of first-degree murder, and tampering with evidence. The investigation is still ongoing, and more information will be provided as it becomes available.
Sheriff's Office Makes Arrests in Bloomfield Double Homicide

On August 29, 2024, Detectives and USMS investigative efforts tracked the suspects to a mobile home in the Waterflow area west of Kirtland New Mexico. San Juan County Sheriff’s Office, Farmington Police Department, United States Marshals Service and the New Mexico State Police arrived at the location and began to call out Isaiah Brown and Ravyn Burns.