Category archives: Sears

It can be summed up in two simple, but powerful words: Carlos Slim.

The store, located in Woodfield Mall, is scheduled to shut its doors on Nov. 14.

Somehow, the tagline “Life. Well spent” just didn’t cut it. Here’s why.

The move comes as Sears tries to bounce back from a five-year stretch during which it lost more than $8 billion as it closed hundreds of stores and sales dropped sharply.

The company, which had 1,672 stores as of the end of January, said it would close 10 Sears department stores and 68 Kmart discount stores, with nearly all of the closings occurring in late July.