Sears in Amarillo Could Finally Be Closing Its Doors [UPDATED]
It looks like the days of the big department stores is going by the wayside. Unfortunately, Westgate Mall could be losing another one of its stores.
Sears announced this morning that it will be closing another 72 stores.
UPDATE: Amarillo's Sears will not be closing!!!!
These stores will be closing in September 2018
Sears Holdings announced to its share holders a net loss of $424 million in the first quarter of 2018.
According to Sears Holdings:
As part of our ongoing efforts to streamline the Company's operations and focus on our Best Stores, we have identified approximately 100 non-profitable stores, 72 of which will begin store closing sales in the near future.
As of right now we do not know if the Amarillo store located in Westgate Mall will be closing. As soon as the company releases the list of the Sears stores closing, this post will be updated.