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Business Pulse - Local Sears to close in early January
Sears -- Leo, Teresa Barrett.jpg
Teresa and Leo Barrett have owned our Sears Hometown Store at Northgate Center for 14 years. A liquidation sale is currently underway as the business is expected to close in early January.
The Sears chain has been in a mighty tailspin for years as the company staggers to stay on its feet. Sears has been forced to close stores, 142 just this year, and even sold its iconic Craftsman brand for $775 million last year in a desperate attempt to stave off extinction.