Sears to Close La Cumbre Store and 39 Others

Sears to Close La Cumbre Store and 39 Others title=
Sears to Close La Cumbre Store and 39 Others
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By edhat staff

Sears Holdings announced Thursday their Sears location in the La Cumbre Plaza in Santa Barbara will be closed by February, along with 39 other Sears and Kmart locations.

The struggling corporation filed for bankruptcy on Oct. 15 with approximately 700 total stores in operation. In June of this year, they announced 46 unprofitable stores would be closing, including the Kmart location in Goleta, and in October 142 more stores were planning to close.

Altogether, Sears Holdings will have fewer than 500 Kmart and Sears locations remaining. They have estimated about 400 stores could remain profitable if surviving bankruptcy.

The Sears location in off La Cumbre has been a mainstay in the area for several decades. The company owns the property where the retail store sits, and it's unclear what will happen to the building. 

Below is the list of the 40 stores set to close in February:


Temecula: 26471 Ynez Road
Chicago: 3443 W. Addison
Springfield: 3250 Clear Lake Road
Waterville: 18 Elm Plaza
New York
Huntington: 805 New York Ave.
Philadelphia: 7101 Roosevelt Blvd.
North Versailles: 1901 Lincoln Hwy.
Puerto Rico
San German: Castro Perez Ave. (Pr 122)
Guaynabo / San Juan: 100 Ave. San Patricio
Caguas: Betamces 400, Las Catalinas Mall
Cudahy: 6077 S. Packard Ave.


Fairbanks: Airport Way
Phoenix: 4604 E. Cactus Road
Santa Barbara: La Cumbre Plz.
Meriden: 470 Lewis Ave.
Boynton Beach: 801 N. Congress Ave.
Jensen Beach: 3342 N.W. Federal Hwy. U.S. 1
Idaho Falls: 2300 E. 17th St.
Michigan City: Marquette Mall
Bethesda: 7103 Democracy Blvd.
Battle Creek: 5575 B Drive N.
Meridian: 1740 Bonita Lakes Circle
Toledo: 1001 Barnes Crossing Road
North Carolina
Winston-Salem: 3320 Silas Creek Pkwy.
Grand Island: 3404 W. 13th St.
Las Vegas: 4355 Grand Canyon Dr.
New York
Saratoga Springs: 3065 Route 50
Watertown: 21182 Salmon Run Mall
Piqua: 987 E. Ash St.
Reading / Wyomissing: 1665 State Hill Road
Stroudsburg: 344 Stroud Mall
South Carolina
Rock Hill: 2197 Dave Lyle Blvd.
Memphis: Southland Mall
Chattanooga: 401 Northgate Mall
Maryville: 198 Foothills Mall
Murfreesboro: 1720 Old Fort Pkwy.
El Paso: 750 Sunland Park Dr.
Longview: Longview Texas Mall
Glen Allen / Richmond: 10101 Brook Road
Janesville: 2500 Milton Ave.

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SantaBarbaraObserver Nov 08, 2018 05:30 PM
Sears to Close La Cumbre Store and 39 Others

Hey Rex, the 70's called and they want their observations back. Except for Walmart, most communities do not have a department store, hardware, clothing etc. Walmart's it for millions of Americans in smaller metro areas across the land... It might do you wonders to go travel the country. Its friendly, beautiful and wide open and you'll realize what you have here that most do not...

Curmudgeon Nov 08, 2018 03:18 PM
Sears to Close La Cumbre Store and 39 Others

I'll sure miss that "Sears Smell" - you know, that aroma of plastic, polyester, rubber and other ingredients that, if blindfolded in any mall in the country, you'd be led inside and immediately say, "Yep, we're in a Sears!" Gonna miss ya' Richard and Alvah...

SantaBarbaraObserver Nov 08, 2018 03:16 PM
Sears to Close La Cumbre Store and 39 Others

Its a very large parcel, out dated in scope and functionality and likely a teardown. I wonder what will happen as their creditors are likely to sell the land/building. Could be an entirely new center, or likely a mix of condos, offices and retail. End of an era, but that store has been a sad scene for many years.

a-1553617377 Nov 08, 2018 03:25 PM
Sears to Close La Cumbre Store and 39 Others

Never have liked Target stores. So losing both Sears and KMart isn't an 'Hoorah' moment for me. Been in several and never bought anything.

PitMix Nov 08, 2018 02:41 PM
Sears to Close La Cumbre Store and 39 Others

LA Times reports that the current owner drove these stores into bankruptcy by using $6B to do stock buybacks when the stock price was over $100/share. Instead of using this money to modernize the stores or come up with a better business model, they kept the stock price artificially high to benefit the largest shareholders. Store closures now are the result.


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