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Chicago & Midwest  + Illinois  + Retail  | 

Sears Closing Another 63 Stores

Hoffman Estates, IL-based Sears Holdings plans to close 63 more Kmart and Sears stores as part of a larger, ongoing effort to right size its store footprint in number and size. The retailer continues to close some unprofitable stores, the latest includes 45 Kmart stores and 18 Sears stores slated to be shuttered in late January 2018.

The latest closings add to more than 300 stores that have been shuttered or are planned to close as part of the retailer’s bid to curb losses. The company operates roughly 1,250 Sears and Kmart locations.

The affected eligible employees will receive severance and will have the opportunity to apply for open positions at local area Kmart or Sears stores. Liquidation sales will begin as early as November 9.

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Read more at Crain’sConnect With Sears Closed Stores List

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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