Dozens losing jobs when Sears closes

By Gary Brode |, Betty Simpson |

Published 01/21 2014 05:49PM

Updated 01/22 2014 05:16PM

Update: 4:53 pm, 1/22/14, Wednesday
MATTOON -- Shoppers will be sorry to see it go. Another Sears store in Central Illinois will be gone in April.

A city official said they're expecting to see a big loss in sales tax. In 2012, Sears had about $5 million in sales which generated about $140,000 in sales tax.

Some people from town who have been meeting at the Cross County Mall for years  say they've seen a lot of stores come and go over the years, but have seen more businesses leaving lately. They say they hope more businesses and restaurants come to the mall in order to keep it afloat.

The Sears flagship store in Chicago announced it will also be closing in April.

It's been a tough few months for major retailers in Central Illinois. Sears, in Champaign, is already closed. 56 people lost their jobs.

The closest Sears left in the area are in Danville, Bloomington, Springfield and Forsyth. But the Hickory Point Mall in Forsyth is also taking a hit. JC Penney is closing its store there by May.
Original: 5:49 pm, 1/21/14, Tuesday
MATTOON -- Company leaders say Sears will close to the public in late April. The store has 43 employees, some of whom are eligible for severance and will have the opportunity to apply for open positions at area Sears or Kmart stores.

The store is being closed because its lease was not renewed. The company says store closures are one of many actions being taken to reduce expenses, adjust its asset base and accelerate its business model. A liquidation sale begins February 7.

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