Last week, we warned that this was coming and the sad news is now a reality. Sears has filed for chapter 11 bankruptcy.
As part of it, the company announced it will be closing 142 unprofitable stores on top of 46 store closings announced in August.
Liquidation sales at the additional stores are expected to begin within two weeks, according to a court filing.
The company has 687 stores remaining, including Kmart locations.
As a Chicagoan, this news makes me very sad.
Here are the Sears/K-Mart locations in the Chicagoland/midwest region that will be closing:
3701 Broadway St Quincy, IL 62301-3721 (Ruby Tuesday)
4210 N Harlem Ave Norridge, IL 60706-1277
5000 23Rd Ave Moline, IL 61265-4599
430 W Ridge Rd Griffith, IN 46319-1095 (El Centro Mall)
723 3rd Ave Jasper, IN 47546-3639
Wisconsin (no closings announced yet)