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Washington DC & Mid-Atlantic  + DC Metro  + Retail  | 

Sears Closing Three More Maryland Stores

Embattled retailer Sears has announced plans to close three more stores in White Marsh, Annapolis and Waldorf, MD.

Liquidation sales have begun with stores set to close by April. The closings will leave several suburban malls with large gaps in their retail offerings. The stand-alone White Marsh location totals 168,716 square feet, the Annapolis Sears is located in the Westfield Annapolis Mall, and the Waldorf’s Sears is located in the St. Charles Towne Centre.

The Chicago-based chain has 182 locations remaining and three left in Maryland in Bel Air, Glen Burnie and Silver Spring. Sears’ parent company, TransformCo., was given a $250 million loan in November to assist in restructuring the struggling chain.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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