CORPUS CHRISTI, Texas — The Sears location at Sunrise Mall will be closing in mid-December.
A Sears release indicates the store will be featuring a liquidation in September.
The store will be closing in mid-December.
About 400 Sears stores remain open nationwide.
Sears made this corporate statement:
“After careful review, we have made the difficult but necessary decision to close the Sears store in Corpus Christi, Texas. The liquidation sale is expected to begin in mid-September and the store is planned to close by mid-December. We encourage customers to continue shopping on Sears.com for all their product needs.”
Back in Februrary, a bankruptcy judge approved a last-minute deal to try to save the retailer.
As part of the five-point, $2 billion deal, the retailers' remaining assets were to be sold to its biggest shareholder to keep the business afloat.
The company is a chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1893.
It was America's largest retailer in 1990 until Walmart surpassed it. In 2018, Sears was the 31st largest retailer in the United States.
