is the latest anchor to announce it will pull out of
Southridge Mall in Greendale. Kohlís announced in March
it would relocate to 84 South in Greenfield.
Conley News Service
GREENDALE - Sears
Holdings announced Thursday it will close its Southridge
Mall store, 5200 S. 76th St., making it the second
anchor that will close at the mall.
The auto center
will close in July and the department store will close
in mid-September, according to media reports.
In March, Kohl's
announced it will shutter its 85,000-square-foot
Southridge store next year and open a 55,000-square-foot
site in the nearby 84 South development in Greenfield.
closing was among 20 announced Thursday by the retail
giant. Sears will have closed nearly half of its stores
in the last five years, drawing down to about 1,180,
including about 245 closings in the last year, Business
Last week, Sears
Holdings announced it is on track to cut costs totaling
$1.25 billion in 2017. In addition to closing stores,
its cost-savings measures include eliminating 400
full-time positions at its corporate offices and support
functions globally as well as some field operations
"We are making
progress with the fundamental restructuring of our
operations that we initiated in February," Edward S.
Lampert, chairman and CEO of Sears Holdings, said in a
earlier this year it is adjusting to the changing retail
landscape. "We continue to evolve to provide shoppers
with more choices at their shopping mall," said Mary
Mokwa, Southridge's general manager.
will open its new concept BistroPlex adjacent to
Southridge Mall at 9 a.m. June 30.