Searsageddon seems to be entering its final stages.
Share to twitterBoston Globe via Getty ImagesOver the past few days have come reports of additional Sears and Kmart store closings and the pending sale of the company’s corporate office complex in suburban Chicago.
These new reports follow similar accounts of “massive layoffs” at company headquarters and employees being told their stores were starting their going-out-of-business sales. However, this new information takes the situation to a new depth. The person who supplied the list, who wished to remain anonymous, said a friend who worked at one of the Ohio locations confirmed they were notified of the closing,
The situation around the Hoffman Estates, Illinois corporate offices is also unclear. An email from a former employee who is still on severance pay and wished to remain unidentified said, “As far as I can tell, the bottom is truly out. The campus is nearly empty, we have no more business development in the company, so it looks like they’re finally shutting things down. The crew on now is purely skeleton and keep the lights on.
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