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.
