Join discussions on moving to and living in the USVI, ask questions, share info & tips! (Vacationing? Visit Travel Message Board)


More Bad News for Sears/Kmart

vicanuck
June 13, 2017 02:12PM

Registered: 7 years ago
Posts: 2,065

It appears that Sears unit in Canada is about to collapse and probably won't make it to the end of the year.

We already know the US Sears and Kmart stores are in just as bad shape.

[business.financialpost.com]

Re: More Bad News for Sears/Kmart

speee1dy
June 14, 2017 07:51AM

Registered: 9 years ago
Posts: 8,217

sign, it seems to be the way for a lot of brick and mortar stores these days.

Re: More Bad News for Sears/Kmart

Scubadoo
June 14, 2017 08:01AM

Registered: 3 years ago
Posts: 1,648

But not all. HHGregg closed recently. A few months before that another chain store looking similar and selling the same sort of stuff opened in our area in the states.

Re: More Bad News for Sears/Kmart

singlefin
June 14, 2017 08:49AM

Registered: 3 years ago
Posts: 515

Hopefully Walmart moves in quickly. Considering their huge presence in Puerto Rico, an expansion into the USVI seems like a no-brainer. Especially since our Kmart was one of only a few in the entire country that still made a profit.

Re: More Bad News for Sears/Kmart

speee1dy
June 14, 2017 11:21AM

Registered: 9 years ago
Posts: 8,217

not walmart, their clothes quality isnt that good

Re: More Bad News for Sears/Kmart

singlefin
June 14, 2017 04:20PM

Registered: 3 years ago
Posts: 515

I just hope some other big chain moves in.
It's the only big chain store we've got.

Re: More Bad News for Sears/Kmart

vicanuck
June 14, 2017 05:09PM

Registered: 7 years ago
Posts: 2,065

And the Little Caesars...I'd miss that more than the Kmart!

Re: More Bad News for Sears/Kmart

Scubadoo
June 14, 2017 10:46PM

Registered: 3 years ago
Posts: 1,648

All of the Walmart stores in the states seem to be made in the same mold. Stand alone building, outside walls, inside ceiling heights, store layout, even the cart corals. I don't know about PR. They may not wish to physically move into the same old building as either Kmart. Would be interesting to see if they would invest in building a new building to their mold.

Target may be another option. Their buildings have their own mold as well but lots of them in shared buildings like our Kmarts.

Re: More Bad News for Sears/Kmart

JohnnyU
June 15, 2017 12:38AM

Registered: 3 years ago
Posts: 446

Walmart has multiple molds from 2 story super centers to their express/neighbothoid market. Ditto Target.

Both view Amazon as their competition, not each other and are throwing a lot of money in that direction.

Best case is WM takes over the KM @ Sunny Isle and installs a neighborhood market. Mapp will screw that oppertunity

Target would sooner go back into Canada Vs move into the Caribbean

Re: More Bad News for Sears/Kmart

Pammerjo
June 22, 2017 04:15AM

Registered: 1 year ago
Posts: 144

I'd be down with a Walmart.

Re: More Bad News for Sears/Kmart

Scubadoo
June 24, 2017 08:12PM

Registered: 3 years ago
Posts: 1,648

Sears will close another 20 stores this year across 14 states

The closing locations include two Kmart and 18 Sears stores.
But not in VI yet.

Re: More Bad News for Sears/Kmart

Gumbo
June 24, 2017 10:31PM

Registered: 3 years ago
Posts: 457

Everything in Kmart (tutu park mall) is 10% off. The lady working in the electronics department said the store is closing.
Hope Not, but it doesnt look good.

Re: More Bad News for Sears/Kmart

speee1dy
June 25, 2017 09:18AM

Registered: 9 years ago
Posts: 8,217

i hope not too

Re: More Bad News for Sears/Kmart
avatar

Exit Zero
June 25, 2017 09:37PM

Registered: 9 years ago
Posts: 2,209

maybe Woolworths will be resurrected ?

Re: More Bad News for Sears/Kmart

Scubadoo
June 25, 2017 10:46PM

Registered: 3 years ago
Posts: 1,648

and Gimbels

Re: More Bad News for Sears/Kmart

speee1dy
June 26, 2017 07:56AM

Registered: 9 years ago
Posts: 8,217

the big k out west was all on sale too

Re: More Bad News for Sears/Kmart

sttanon
June 26, 2017 12:31PM

Registered: 5 years ago
Posts: 250

BIG sign on side of Lockhart Kmart, everything 10-40% off

Re: More Bad News for Sears/Kmart

Gumbo
June 26, 2017 03:11PM

Registered: 3 years ago
Posts: 457

I was told today, It was a Fathers day sale. Now a pre 4th of July sale and unless sears folds in the states. Kmart will not close in the VI. So thats good news.

Re: More Bad News for Sears/Kmart

vicanuck
June 26, 2017 07:15PM

Registered: 7 years ago
Posts: 2,065

Quote
Gumbo
I was told today, It was a Fathers day sale. Now a pre 4th of July sale and unless sears folds in the states. Kmart will not close in the VI. So thats good news.

Maybe you haven't read a real mainland newspaper for a while.

All Sears and Kmart stores will close eventually.

Re: More Bad News for Sears/Kmart

Gumbo
June 26, 2017 08:02PM

Registered: 3 years ago
Posts: 457

Quote
vicanuck
Quote
Gumbo
I was told today, It was a Fathers day sale. Now a pre 4th of July sale and unless sears folds in the states. Kmart will not close in the VI. So thats good news.

Maybe you haven't read a real mainland newspaper for a while.

All Sears and Kmart stores will close eventually.

Actually I believe that is true, I think they will hold on in the VI to the end. It seems an easy market for Walmart, since they are established all over PR. They are closing the small Kmart in Lockhart Gardens very soon. How many are on STX? As big as it is I would think two.

Re: More Bad News for Sears/Kmart

East Ender
June 26, 2017 09:11PM

Registered: 12 years ago
Posts: 4,846

Do you get the feeling that they are shipping the stock from the closed stores in America down here?

Re: More Bad News for Sears/Kmart

Scubadoo
June 26, 2017 09:23PM

Registered: 3 years ago
Posts: 1,648

We have two on STX. One is expected to close before the end.

Re: More Bad News for Sears/Kmart

Gumbo
June 26, 2017 09:39PM

Registered: 3 years ago
Posts: 457

Quote
East Ender
Do you get the feeling that they are shipping the stock from the closed stores in America down here?

I bet thats exactly what is going on,
At VI prices it makes sense.

Re: More Bad News for Sears/Kmart

vicanuck
June 27, 2017 08:10AM

Registered: 7 years ago
Posts: 2,065

I've related this story here previously. But, I was shopping at Kmart east a few weeks ago and noticed that a lot of the usual health and beauty inventory was depleted. My wife and I asked one of the floor personnel when they were going to get this and that on the shelves.

The lady stated that the only inventory coming into the store now was coming from other stores on the mainland that were closing or were closed.

After that's gone, she said, it's anyone's guess what will happen next.

Re: More Bad News for Sears/Kmart

sttanon
June 27, 2017 10:05AM

Registered: 5 years ago
Posts: 250

Quote
Gumbo
I was told today, It was a Fathers day sale. Now a pre 4th of July sale and unless sears folds in the states. Kmart will not close in the VI. So thats good news.

The sales are not father's day sales. 10-40% sales aren't sales, they are preps for liquidation....... There was a article in daily news regarding Kmart. They have directed stores that are closing to begin liquidation sales starting no later than June 30th. Said stores will close doors in September............

Join the discussion. Click the button below to Login or Register now!

Click here to login

  • Blue Ocean Transport

Moving to the U.S. Virgin Islands?

Settlers Handbook
Only $17.95

The Settlers Handbook for the U.S. Virgin Islands is your guide to moving to St. Croix, St. Thomas, St. John and Water Island.

The current 18th Edition, released in January 2016, will help you explore your dream of island living. A solid reference book, it was first published in 1975. That's 40 years of helping people move to the islands. A must read. Order today.

Order Today

Advertise

Join VIMovingCenter.com Today!

Tell prospective and current residents about your business.

Learn More →

Sister Sites

VITraders

USVI Books & Souvenirs

VInow

USVI Vacation Guide

Living in de V.I.

USVI Relocation DVD

Proud Supporter

VI Olympic Team

For over 45 years, the Virgin Islands has celebrated the Olympic tradition by sending our athletes to compete.

Learn More →