Sears has launched going out of business advertising for its long-time location in Prices Corner Shopping Center. The location is slated to close in early April.
The closing was disclosed in a list from Sears Holdings.The list indicated that the Prices Corner Sears auto center will close in late January.
The company Thursday announced the closing of a large number Sears and Kmart stores.
Also slated for closing is a Kmart store in Salisbury, MD. In recent years, Kmarts have closed in Claymont, Dover and Elkton, MD. Affiliated Sears stores, under non-company ownership, closed in Newark and Christiana.
Sears continues to operate stores in Dover and Concord Pike.
The Sears store, along with J.C. Penney have anchored the outdoor shopping center for decades. Penney, like other retailers, has closed locations, but has made no such move at the outdoor shopping center that has been above to hang on to tenants, thanks to a central location.
The Prices Corner area, once an employment and retail hub in New Castle County has struggled with a changing economy that included the closing of the General Motors plant. Some strip centers in the general area have struggled to keep tenants.
Sears never relocated to the thriving Christiana Mall area, although it later opened a store to the north in Concord Mall. It had been widely speculated that the Concord location, rather than Prices Corner, would be the first to go.
Shopping centers around the nation have been preparing for the departure of Sears stores as the company continues to shutter locations.