CLOVIS, Califonia.- Just a year ago, about 51 stores SEARS closed nationwide, but the company has been facing a financial crisis long before. At the beginning of 2019, The management managed 489 locations, which were reduced to 36 stores, according to the Forbes publication.
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The company faces financial problems, and that led to the gradual closure of hundreds of branches. He filed for the Bankruptcy Law in October 2018 and from there, they try to stay afloat.
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The latest store closure includes 10 loactions nationwide, and four in California. The stores that will close soon will be, in Clovis, Boyle Heights (Los Angeles), Orange, and Sacramento.
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The Boyle Heights store in East Los Angeles is one of the oldest in California. It dates from 1927.
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The building that leaves the branch of SEARS in Clovis, will welcome another department store: Ross for Less, y Dd’s Discount.
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Sears files for bankruptcy and will close about 200 stores
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