Sears inside Crossroads to close in March


    There's about to be only one full Sears store left in Nebraska.

    The company announced another round of store closings Friday morning. Eighty Sears and Kmart locations will close in late March 2019. This is on top of the 40 stores already announced to close in February.

    The location at Omaha's Crossroads mall is part of that list. It opened its doors to thousands of waiting customers in 1960.

    The store in Lincoln is closing as well, along with both stores' accompanying Auto Centers.

    It leaves the location in Grand Island as the last full Sears store in Nebraska. There are several "Home Stores" throughout the state.

    The company says liquidation sales will start in about two weeks.

    Sears Holdings filed for bankruptcy in October.

    It missed a self-imposed deadline Friday afternoon for public bidders.

    A hedge fund controlled by Eddie Lampert is the only bidder so far.

    Lampert was Sears' CEO up until the bankruptcy.

    Lampert says he plans to bid $4.6 billion for 500 stores along with some operating assets.

    He says this plan would keep 50,000 jobs of the 68,000 at Sears.

    News In Photos

      Loading ...