Sears to close another New Jersey store
Another New Jersey Sears store is likely to close as the retailer announces plans to close 20 more locations.
Employees at the store on the eastbound side of Route 22 in Watchung were told on Thursday the location will close its doors by September, according to Business Insider.
The fate of the store has been up in the air for several months after Seritage Growth Properties went before the Watchung Planning Board on May 16 with a plan to demolish both the retail store and the adjacent Sears Auto Center. Several unspecified retailers and restaurants would replace the store.
Minutes of the meeting are not posted on the borough website. A call to the Planning Board's administrative assistant and Seritage were not immediately returned Friday morning.
MyCentralJersey.com reported that the plan includes an 882-seat Cinemark movie theater.
Sears Holdings, which owns both the Seas and Kmart chains, is struggling and has announced the closing of 200 locations in order to improve its cash flow.
The company operates 21 Sears and 25 Kmart locations in New Jersey. Kmart stores in Clementon, East Brunswick, Manahawkin, Mantua, Pleasantville and Rio Grande closed this year. The Sears in Vineland is also closing.
Contact reporter Dan Alexander at Dan.Alexander@townsquaremedia.com.
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