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Sears store closes its doors permanently on Sunday

Posted at 2:11 PM, Dec 13, 2019
and last updated 2019-12-13 22:51:59-05

CORPUS CHRISTI, Texas — The local Sears store will permanently be closing its doors this weekend and that leaves just a few days to take advantage of its liquidation sales.

The retailer located at the Sunrise Mall is shuttering this Sunday, December 15. It's one of hundreds of Sears and Kmarts that have closed since Sears Holdings announced it was in bankruptcy in 2018. The company said changing economic times and online competition affected their decision to close locations. Former CEO Eddie Lampert was allowed to purchase the company with plans to keep some of the outlets open. The new company is called Transform Holdco. The new parent company unveiled its plan to expand smaller store formats which include opening additional Home & Life stores and adding hundreds Sears Hometown stores.

The Sears store opened in the Sunrise Mall in February 1981. It was one of the Sunrise Mall's first major retailers.

The local store began its liquidation sale in August. Inventory is minimal and it includes used store merchandising and office equipment.