The Sears store at Meadows mall is seen in this archival photo. Photo/Inspirock
When the Sears store at Meadows mall closes in late February, it will leave a 67,000-square foot gap in the retail landscape of Las Vegas.
It will also end a 40-year run for the once-famous name in American retailing at the 84-acre mall in western Las Vegas.
And it will leave 66 employees looking for work although a person in Sears’ Hoffman Park, Illinois, office said Monday they would be offered jobs at other Sears stores.
The person in Sears’ Hoffman Park, Illinois, office also said there might be more information about the closure toward the end of 2019.
A person at the local Sears store hung up when asked for more information.
Company officials said late last week that 51 Sears and 46 Kmart stores would close by the end of February, and “going out of business” sales would start Dec. 2.
Meadows mall opened in 1978 with Diamonds and The Broadway as anchors. Sears and J.C. Penney opened their stores at the mall a year later, according to published reports. Another major retailer, Dillard’s, opened at the mall in 1984. But in 2014, Dillard’s closed its first floor and converted its second floor to a clearance outlet.
Transform Holdco, the company formed in January to buy the remaining assets of bankrupt retailer Sears Holdings Corp., made the announcement on the store closures late last week, according to MarketWatch.
Shares of Sears Holding Corp., which trades as SHLDQ on the over-the-counter markets, closed Monday at 27 cents, down about 1 cent or 3.4 percent.