Business & Tech

Sears Closing 70+ More Stores: What Virginia Ones Will Remain?

Months after Sears said it would close more than 100 stores, on Thursday the beleaguered retailer said more closings are coming.

FREDERICKSBURG, VA — Sears is closing at least 72 more locations across the country, the beleaguered retailer said on Thursday. The announcement follows a decision made earlier this year to shutter more than 100 stores. The list of closures was made public Thursday afternoon and no Virginia sites were on the list.

The Sears store at 114 Southpark Circle in Colonial Heights was already slated to close in 2018.

There are only 14 Sears stores locations - not including appliance outlets, HomeTown stores or auto centers - left in Virginia:

Find out what's happening in Fredericksburgfor free with the latest updates from Patch.

  • Alexandria, 5901 Duke St.
  • Charlottesville, 1531 Rio Rd E.
  • Chesapeake, Greenbriar Mall, 1401 Greenbrier Pkwy.
  • Dulles, 21000 Dulles Town Circle
  • Fairfax, 12000 Fair Oaks Mall
  • Falls Church, 6211 Leesburg Pike
  • Fredericksbrg, 100 Spotsylvania Mall
  • Glen Allen, 10101 Brook Rd.
  • Manassas, 8200 Sudley Rd.
  • Newport News, 100 Newmarket Fair Mall
  • Richmond, Chesterfield Towne Center, 11500 Midlothian Tpke.
  • Roanoke, 4812 Valley View Blvd NE
  • Virginia Beach, 4588 Virginia Beach Blvd.
  • Winchester, 1850 Apple Blossom Dr.

"As part of our ongoing efforts to streamline the Company's operations and focus on our Best Stores, we have identified approximately 100 non-profitable stores, 72 of which will begin store closing sales in the near future," the Illinois-based company said in a statement. "We continue to evaluate our network of stores, which are a critical component in our transformation, and will make further adjustments as needed and as warranted."

Sears reported a net loss of $424 million during the first quarter of 2018. During the first quarter last year, Sears saw earnings of $245 million, due in part to a $492 million gain related to the sale of the Craftsman brand.

Find out what's happening in Fredericksburgfor free with the latest updates from Patch.

"In a challenging quarter, we continued to focus on our strategic transformation, identifying additional opportunities to streamline operations and adjust inventory and operating expenses while staying focused on our Best Members, Best Categories and Best Stores," Chairman and Chief Executive Officer of Holdings Edward S. Lampert said in a statement.

Check back with Patch for a list of store closings.

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Photo: Signs advertise the closing of a Sears store on May 3, 2018 in Chicago, Illinois. The store, which opened in 1938, is the city's last remaining Sears store. Sears opened its first retail store in Chicago in 1925. (Photo by Scott Olson/Getty Images)

Shannon Antinori contributed to this report

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