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Sears at Summit Park Mall slated to close

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Sears Holdings
Sears at Summit Park Mall slated to close
By: Paula D'Amico
Posted at 11:16 AM, May 07, 2018
and last updated 2018-05-07 11:16:21-04

Sears announcing today, they will be closing their Summit Park Mall store location in Niagara Falls.

According to a spokesperson from Sears,  the store will close to the public in early August 2018. Until then, it will remain open for customers. The store will begin its liquidation sale on May 18.

"We have been strategically and aggressively evaluating our store space and productivity, and have accelerated the closing of unprofitable stores as previously announced," says Howard Riefs, Director of Corporate Communications, "This is not an effort solely aimed at cost savings but is part of a strategy we have been executing against as many of our larger stores are too big for our needs. Having fewer stores – and the right format – will help us bring Sears Holdings to a size and place to meet the realities of the changing retail world."

No word yet on how many employees this will effect.  We are being told that associates that are eligible will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores.

 

Riefs, HowarThis is not an effort solely aimed at cost savings but is part of a strategy we' have been executing against as many of our larger stores are too big for our needs. Having fewer stores – and the right format – will help us bring Sears Holdings to a size and place to meet the realities of the changing retail world. Our members and customers can also shop at our other Sears locations, which are listed at http://www.sears.com/stores.html. The number of associates is not publicly available. Those associates that are eligible will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores.
Copyright 2018 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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