Another Sears is set to close.
The retail chain’s location at Tri-County Mall, 11700 Princeton Pike, in Springdale is in the midst of a liquidation and is scheduled to close Aug. 5, the store said via signs posted to its doors and a recorded message on its phone system.
All items are on sale in the store, which is just south of Butler County border in neighboring Hamilton County.
The closure will leave Sears with three locations in the Cincinnati area, plus an appliance outlet. It also will leave Macy’s as Tri-County Mall’s sole remaining anchor.
Sears Holdings already closed more than 350 stores in 2017, including its Middletown location at Towne Mall Galleria. It closed a Sears Appliance and Hardware store in Fairfield in 2016. It also recently closed a Sears Home Appliance Showroom at Voice of America Shopping Center in West Chester Twp.
The Tri-County Mall store’s closure was not included last week on the list of 72 more Sears locations closing nationwide this year. The only Ohio locations included on that list were Lima and Strongville.
The news came one day after the Illinois-based company, which owns Sears and Kmart, announced a $424 million first-quarter loss.
The new round of closures doesn’t come as a surprise, as Sears reported yet another disappointing quarterly earnings. Eddie Lampert, CEO and chairman of Sears Holding Corp., told Vanity Fair earlier this year that the retailer was “fighting to survive.”
We’ve reached out to Sears corporate offices to ask how many associates will be affected by the closing.