Logo
BusinessBusiness

Sears confirmed on Thursday that it’s closing its last Chicago location this summer.

That’s despite that the retailer has called Illinois home for more than 120 years and is based in Chicago suburb Hoffman Estates.

Sears — whose chairman Eddie Lampert has presided over plunging sales and losses since he merged the chain with Kmart in 2005 — will close its store at the Six Corners shopping center in July, with the auto center shuttering in May, according to the Chicago Sun-Times.

Shares jumped 3 percent on the news, to $3.40.

Earlier this year, Sears announced more than 100 store closures.

Sears said its headquarters will remain in Hoffman Estates.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy