Centerville Sears closing in April

Saul Bowman
January 8, 2018

The majority of the jobs are part-time positions, Sears said. Kmart stores in Mt. Vernon and West Frankfort, Illinois, are also closing along with the Sears store in Marion, Illinois.

This is the latest round of closures for the company that has struggled against online shopping's surge and that retail analysts say is part of the overall deterioration of the traditional department store.

In late 1989, Sears moved from that location to be one of the original anchors in the then-new Gateway Mall.

Sears sold its store in the Lloyd Center in 2016 and on Thursday its parent company said it would close its store at the venerable mall, which is in the process of reinventing itself.

The Springfield mall's previous owner, Rouse Properties, embarked on a multiyear major renovation that in recent years added new stores and restaurants. Three of the Sears stores are in Texas, one each in Austin on I-35, in Houston on Highway 6 and in Midland on North Midkiff Road.

Sears will close its store in Springfield's Gateway area, ending decades as a traditonal retailer in Lane County.

Sears' store count has plummeted from a high of 4,010 at the end of 2011 to just 1,275 at the end of April 2017.

Sears has been selling off some its real estate and brands as it tries to raise cash. The trust bailed out Sears Holdings by buying 266 Sears and Kmart stores for $2.7 billion. At the time, Sears was expected to remain open in the renovated store's lower level.

Sears has seen its sales decline 45 percent since early 2013.

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