Last Sears in NY area shutting down, just 12 stores remain of world’s once-biggest retailer
NY Post
The last-standing Sears in the New York area is shutting down, bringing the 138-year-old department store’s US footprint down to a measly dozen locations.
At its peak as the world’s biggest retailer in 2011, Sears boasted roughly 4,000 locations worldwide, according to Statista.
By 2014, that figure more than halved, per the data intelligence firm.
Now, the Illinois-based company has just 12 outposts nationwide, plus one in Puerto Rico.
Sears used to have about a dozen locations in New Jersey alone.
But the last of those in Jersey City, just six miles from Times Square, is about to close its doors.
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Saks Global — owner of luxury stores including Saks Fifth Avenue and Neiman Marcus — is cutting over 1,200 jobs as it shutters more than a dozen locations nationwide following its bankruptcy filing earlier this year.
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