Sears announces Southridge store closing

By Dan Muckelbauer - Freeman Staff

June 23, 2017

 

 Sears 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.

Sears' Southridge 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 Insider reported.

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 positions.

"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 news release.

Southridge said 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.

Marcus Theatres will open its new concept BistroPlex adjacent to Southridge Mall at 9 a.m. June 30.