To no one’s surprise, Sears filed Chapter 11 bankruptcy this week and announced it will close another 142 stores this year. That will leave the once-iconic retailer with fewer than 500 stores as it tries one more time to reorganize. The bankruptcy won’t have much impact in our area, as the Sears store at Westfield Montgomery mall already was expected to close next March. What’s going to take its place? Likely a brand new Life Time gym. Click here for more in our Oct. 11th issue.
