Sears, which CEO Eddie Lampert has very nearly murdered, will have only one retail store left in its home town Chicago this fall:
Sears Holdings Corp. is closing 20 more stores, including a Sears in Chicago's Galewood neighborhood, in mid-September.
Those closings — including 18 Sears and two Kmart stores — follow 150 stores Hoffman Estates-based Sears shuttered in the first quarter of this year and another 66 expected to close by early September.
The latest 20 are among the 235 locations Sears sold to its real estate investment trust spinoff, Seritage Growth Properties, in 2015. Seritage reported the closings in an SEC filing Friday.
Remember, Lampert is destroying the greatest retailer in American history so he can sell its parts for scrap. When historians write about this era centuries from now, Lampert will be regarded as we think of Nero. But as a nihilist Ayn Rand disciple, he really doesn't care.