Friday, March 5, 2010
One dies & another one is born
Sears announced today that it will close 21 of its Sears and Kmart stores over the next two months. One of those slated for closure is the Sears store in Columbia, Tn. Thats not a huge surprise because that store was built back in the 70's in the outdated inside mall design. The new Wal Mart supercenter which was built next door to it about seven years ago had been killing it in sales pretty much since it opened. Its also common knowledge that it will be a small miracle if Sears/Kmart makes it to the end of the year alive. Wal Mart has pretty much slaughtered it all across small town USA. Its so bad at the Kmart in Cullman, Al. for example, they have closed all of its checkout lines except one. But as one retail outlet winds down its final days on earth, another one is born and begins the process of slowly growing. A retail business that is mainly based south of I-20 in south Mississippi recently announced plans to open up a distribution facility in northeast Mississippi. The owner of the company stated the new facility was necessary because they plan on opening stores in southern Tennessee and across north Mississippi,north Alabama and north Georgia later this year.