Marlborough Sears Not on Closing List [POLL]

UPDATE, Thursday, Dec. 30: Sears Holding Corp. announced 79 of the 100 to 120 upcoming store closings Thursday afternoon, and not one of them is in Massachusetts. 

Though there are more announcements to come, for now at least the Marlborough store that occupies a significant portion of the is safe. 

The only New England stores that will close are both in New Hampshire, Nashua and Keene, said a press release from the company. 

Additional closings are still to be announced, but as of this post 41 Sears locations and 38 Kmarts are slated to shut down. These locations typically employ 40 to 80 workers who will be laid off when the stores close. Close dates were not announced. 

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Sears Holdings Corp. announced Tuesday that they will close more than 100 Sears and Kmart locations in the United States, after many stores experienced lackluster revenues during the holiday shopping season. 

Despite signs of a slowly recovering economy in the U.S., Sears has hemorrhaged customers of the past few years to competitors such as Macy's and Target due to competitive prices and a more appealing look to their stores, said a report by the Huffington Post.

"The closings are the latest and most visible in a long series of moves to try to fix a company that has struggled with falling sales and shabby stores as rivals like Wal-Mart Stores Inc. and Target Corp. spruced up their looks and turned into one-stop shopping sources," said the article. 

"There's no reason to go to Sears," said the piece quoting New York-based independent retail analyst Brian Sozzi, "It offers a depressing shopping experience and uncompetitive prices."

With as many as 120 stores projected to close between the two retailers, local consumers could have their shopping experiences disrupted in the coming months. While the company has yet to say which locations will close, widespread implications such as major job loss and large retail real estate vacancies could adversely affect many regions within the United States. 

Nothing specific has been mentioned pertaining to the location, but Marlborough Patch is wondering how local consumers would deal with a closure of the retail center. 

Would you miss ? What do you like/dislike about the retailer? What can they do as a company to change their image/future prospects? Vote in the poll and tell us in the comments. 

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