Business Insider has another round of Kmart and Sears closures - 150 stops are now slated to be closed. Click here to see if yours is on the list.
Former retail giants Kmart and Sears have been finding their customer base becoming more selective, as some major cities have closed a store or three per year until all that is left is one or two stores to serve a couple million people. This week, Business Insider posts Sears and Kmart are closing more stores - see if your store is on the list. (Mine wasn't.) With only a handful of stores remaining, exclusives are tougher to come by and it's less frequently a stop on a typical toy tun for many of us.
We were forwarded this story from a few people, so we're linking to the WSJ: Jakks Pacific Said to Suspend Toy Sales to Kmart. I know not a lot of you go to Kmart - or can go to one - but they tend to have a lot of Jakks Pacific Big Figs front and center in their stores, making them a visual staple of their toy aisles. And, of course, Kmart and Sears have been around forever - but haven't had the best press lately. Take a look.
Big chains come and big chains go, with some not exactly expanding as the 21st century trudges on. 80 more Sears and Kmart stores closed this week, and Business Insider has a list of recent exiles. One in Arizona is gone, along with four in California and a heck of a lot in Pennsylvania. Click here to see if your store made it.
If you're having a nightmare trying to find Kmart's exclusive 6-inch Starkiller Base Rey and Kylo Ren action figures, it's going to get worse. (Also thousands of people are about to lose their jobs and a pillar of the retail economy for decades is going away.) CBSNews.com has an article whose headline says it all - Is your local Sears or Kmart store closing? The answer seems to be yes for a great many people, so check that out.
While not explicitly Star Wars, I think some of you who do toy runs may find this of interest. If you live in a medium or large town, you might have one or more empty shells which were formerly a Kmart or a Sears nearby. According to DataCenterKnowledge.com, these buildings may be converted not to another big box store but to a data center.
Just in time for the Holidays (or even Halloween), Sears and Lucasfilm partner up on cute and fuzzy official Star Wars slippers for youth and toddler sizes that are priced to sell for an affordable $12.99.
Struggling to keep up with the times and remain competitive with retail behemoths Walmart and Target, Sears Holdings announces the closings of 100-120 Sears and K-Mart stores. Sales are off 5.2 percent in the 4th Quarter and points to a fading brand and aging stores. Only time will tell if this means one less retailer and point of distribution for collectibles, but it may in the short term result in less leverage for the retailer to carry exclusives and cycle in fresh stock.