Texas

Future uncertain for 24 Sears stores in Texas as company puts them up for sale

Sears files for Chapter 11 bankruptcy

Sears filed for Chapter 11 bankruptcy protection Monday, October 15, 2018, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The closed Tacoma Sears could face demolition as soon as the new year.
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Sears filed for Chapter 11 bankruptcy protection Monday, October 15, 2018, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The closed Tacoma Sears could face demolition as soon as the new year.

Your local Sears may be due for changes after the company announced hundreds of stores in the U.S. will be sold in an effort to save the faltering brand.

In a bankruptcy filing Monday, the retailer announced 505 stores and leases will be sold. Sears is also asking landlords for rent reductions as part of their effort to help keep stores open, reduce debt and lower operating costs.

In total, 24 Sears stores and one Kmart store will be sold in Texas, according to court records. The following six DFW locations will be sold:

  • Hulen Mall in Fort Worth

  • The Parks in Arlington
  • North East Mall in Hurst

  • Town East Mall in Mesquite

  • Collin Creek Mall in Plano

  • Richardson Square

If a store is being sold, that does not necessarily mean it will close, but it also does not necessarily mean it will stay open.

Sixteen other stores in Texas, including three in DFW, are not listed to be sold. Those DFW stores, at Stonebriar Centre in Frisco, Irving Mall and Southwest Center Mall in Dallas, are holding going-out-of-business sales.

Two Sears stores in Texas will close, one in El Paso and another in Longview.

In October, Sears filed for Chapter 11 bankruptcy protection with plans to shutter 142 unprofitable stores in the hopes that it can stay in business.

A Fort Worth woman who said she was in the Sears store Friday shared a video she shot with the Star-Telegram showing flames shooting up from the floor and a store employee using a fire extinguisher to douse them.

Kaley Johnson is a breaking news and enterprise reporter. She majored in investigative reporting at the University of Missouri-Columbia and has a passion for bringing readers in-depth, complex stories that will impact their lives. Send your tips via email or Twitter.


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