Sears announced Thursday that it will close its store in the Town Center mall in Boca Raton as part of an ongoing effort to “transform” its business model.
The retailer is one of six anchor stores at the mall on Glades Road. The store is set to close in early April. It’s auto center will close later this month, Sears Holdings said in its announcement.
The Boca Raton location is one of 103 unprofitable stores Sears Holdings’ plans to close in March and April as it works to “right size” its brick and mortar footprint.
In all, the company plans to close 39 Sears stores and 64 Kmart locations around the country. Employees were told about the pending closures on Thursday. Liquidation sales could start as early as Jan. 12, the company said.
At the Gardens Mall in Palm Beach Gardens, Sears spent years battling city officials for the right to lease out its second floor to Dick’s Sporting Goods. A judge ruled in July that neither the mall’s ownership nor the city could stop the struggling retailer from subleasing its space.