STORE SPACES

Sears announces yet another major store closing move

BY Marianne Wilson

Sears Holding Co. is lowering the ax — again.

The embattled retailer on Thursday told employees that it plans to shutter 103 additional stores in 2018, consisting of 64 Kmart stores and 39 Sears locations. This is in addition to the previously announced 63 Sears/Kmart locations scheduled to close at the end of this month.

The new round of closings is expected to take place between early March and April, with liquidation sales starting as early as Jan. 12.

“Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size,” the company said in a statement. “In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members.”

The upcoming round of closures will leave the department store retailer with 875 locations. That is down from 3,510 six years ago, according to Business Insider.

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STORE SPACES

Specialty grocer in store expansion

BY Marianne Wilson

Sprouts Farmers Market is expanding into new markets.

The organic grocer will open six new locations in the second quarter of 2018, part of the 30 net new stores it will open in 2018.

The second-quarter expansion includes a store in Simpsonville, S.C., which represents Sprout’s 16th state and its eastern expansion efforts. The other openings are scheduled for stores Augusta, Ga.; Charlotte, N.C.; Sparks, Nev.; Lincoln, Calif.; and San Diego.

In 2018, Sprouts will also open stores in Maryland, Pennsylvania and Washington State, bringing its state count to 19 by the end of the year. (For a list of stores by region or to see locations coming soon, visit Sprouts.com/stores/search.)

Based in Phoenix, Sprouts currently operates more than 280 stores in 15 states.

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Sixty-nine Gander Mountain stores to reopen under new banner

BY Marianne Wilson

Camping World Holdings is making good on its promise to reopen some of the stores it acquired from Gander Mountain.

Gander Outdoors (the new name for Gander Mountain) on Thursday announced the initial list of stores that are scheduled to open in 2018.

Camping World was chosen as the winning bidder at a bankruptcy auction for certain acquired assets of Gander Mountain, with the sale approved at a bankruptcy court hearing in May. Camping World is now beginning to reopen many of the stores under the new Gander Outdoors banner.

“It was important to me to bring Gander Outdoors back to many wonderful communities across the country because the employees are top notch and the stores provide great products and services for the community,” said Marcus Lemonis, chairman of Camping World Holdings. “Our great team at the headquarters in Bloomington, Minnesota, has been working tirelessly over the past six months to get the locations prepared and we are extremely excited to begin the rapid opening process and hope to open all locations this spring.”

Lemonis previously stated his goal of operating seventy or more locations subject to, among other things, the ability to negotiate acceptable lease terms with landlords. Following months of negotiations and remodeling existing locations, the company plans to open 69 locations by May 2018. (It also is currently pursuing more locations for expansion and expects to announce additional locations and markets in the near term.)

“We feel this list of locations is very solid and ready to be up and running in the coming months,” Lemonis said. “Two locations have already opened, two more are slated to open next week and others will begin opening at a very rapid pace over the next few months.”

The following locations will reopen under the new Gander Outdoors brand with a fresh offering of Gander Outdoors, Overton’s and Camping World products and services. (Stores are listed in order by state.):

1. Florence, AL
2. Opelika, AL
3. Parker, CO
4. Ocala, FL
5. Pensacola, FL
6. St. Augustine, FL
7. Tampa, FL
8. Albany, GA
9. Cedar Rapids, IA
10. O’Fallon, IL
11. Peoria, IL
12. Rockford, IL
13. Springfield, IL
14. Ft. Wayne, IN
15. Greenfield, IN
16. Indianapolis (Castleton), IN
17. Wichita, KS
18. Bowling Green, KY
19. Paducah, KY
20. Coldwater, MI
21. Flint, MI
22. Kalamazoo, MI
23. Marquette, MI
24. Port Huron, MI
25. Saginaw, MI
26. Traverse City, MI
27. Utica, MI
28. Baxter, MN
29. Bemidji, MN
30. Forest Lake, MN
31. Hermantown (Duluth), MN
32. Lakeville, MN
33. Chesterfield, MO
34. Fayetteville, NC
35. Gastonia, NC
36. Greensboro, NC
37. Monroe, NC
38. Mooresville, NC
39. Winston-Salem, NC
40. Kingston, NY
41. Syracuse, NY
42. Tonawanda, NY
43. Mentor, OH
44. Niles, OH
45. Chambersburg, PA
46. Greensburg, PA
47. Johnstown, PA
48. Scranton, PA
49. Williamsport, PA
50. York, PA
51. N. Charleston, SC
52. Jackson, TN
53. Amarillo, TX
54. Ft. Worth, TX
55. Spring, TX
56. Tyler, TX
57. Fredericksburg, VA
58. Roanoke, VA
59. Appleton, WI
60. Baraboo, WI
61. Deforest (Madison), WI
62. Eau Claire, WI
63. Green Bay, WI
64. Janesville, WI
65. Kenosha, WI
66. Onalaska (Lacrosse), WI
67. Sheboygan, WI
68. Waukesha, WI
69. Wausau (Rothschild), WI

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