Department store shuts down in Cherry Creek

The Cherry Creek Sears is shutting down. Photo by Burl Rolett.

The Cherry Creek Sears is shutting down. Photo by Burl Rolett.

Sears is closing its Cherry Creek store after 60 years in business and liquidating the merchandise starting Jan. 23.

The 1st Avenue Sears will close for good in March, the company said last Friday, as the retailer continues to shutter hundreds of stores nationwide.

Sears in Cherry Creek has 66 employees between its retail store and auto center, a company spokesperson said in an email.

The store and its adjacent auto center will leave a 152,000-square-foot hole at Clayton Lane, the retail complex along First Avenue that also hosts Cherry Creek’s Whole Foods and Crate & Barrel stores.

Connecticut-based AmCap Inc. owns Clayton Lane, and messages requesting comment on its impending vacancy went unreturned by press time.

Sears Holdings Corp., the parent company for both Sears and Kmart, said it had closed or would close about 235 underperforming stores in an earnings report released in December.

The Cherry Creek Sears is shutting down. Photo by Burl Rolett.

The Cherry Creek Sears is shutting down. Photo by Burl Rolett.

Sears is closing its Cherry Creek store after 60 years in business and liquidating the merchandise starting Jan. 23.

The 1st Avenue Sears will close for good in March, the company said last Friday, as the retailer continues to shutter hundreds of stores nationwide.

Sears in Cherry Creek has 66 employees between its retail store and auto center, a company spokesperson said in an email.

The store and its adjacent auto center will leave a 152,000-square-foot hole at Clayton Lane, the retail complex along First Avenue that also hosts Cherry Creek’s Whole Foods and Crate & Barrel stores.

Connecticut-based AmCap Inc. owns Clayton Lane, and messages requesting comment on its impending vacancy went unreturned by press time.

Sears Holdings Corp., the parent company for both Sears and Kmart, said it had closed or would close about 235 underperforming stores in an earnings report released in December.

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Retail

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *