tag:blogger.com,1999:blog-7955018226751343883.post4238028369236200949..comments2024-03-22T08:34:46.077-04:00Comments on Twin Tiers Retail: Bluelight News Flash: New Year Closings Announced Before the New YearRandom Retailhttp://www.blogger.com/profile/04657239630479658385noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-7955018226751343883.post-81882241108566552082017-11-18T09:27:44.204-05:002017-11-18T09:27:44.204-05:00Makes sense. Kmart is probably trying to sell it o...Makes sense. Kmart is probably trying to sell it off to get some money from it. I guess the store is leased rather than owned so I'm not sure how they can do that. It mentioned its lease is up in 2020, but has plenty of options to renew. Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-24997531742112953722017-11-17T15:29:52.845-05:002017-11-17T15:29:52.845-05:00It was listed on LoopNet for 3.75 million dollars....It was listed on LoopNet for 3.75 million dollars...Denny hhttps://www.blogger.com/profile/17731783203140319804noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-88123098674322320662017-11-17T15:27:23.305-05:002017-11-17T15:27:23.305-05:00Came across a website for a property management fi...Came across a website for a property management firm named Marcus & Millichap..I googled square footage of the KMart in Franklin PA and this property investment firm came up and mentioned this KMart was up for sale as of 10/1Denny hhttps://www.blogger.com/profile/17731783203140319804noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-68351374665642607682017-11-17T11:49:29.394-05:002017-11-17T11:49:29.394-05:00Clarion was a leased location, but not a Seritage ...Clarion was a leased location, but not a Seritage location.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-60868415255275411032017-11-16T18:15:34.396-05:002017-11-16T18:15:34.396-05:00Was Clarion a Seritage store?Was Clarion a Seritage store?Anonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-83316422293710927022017-11-16T09:55:43.893-05:002017-11-16T09:55:43.893-05:00It would seem odd to me for Peebles wanting to rel...It would seem odd to me for Peebles wanting to relocate into the mall. They usually aren't one for malls, there are some exceptions though.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-59906022036119063972017-11-15T12:11:05.154-05:002017-11-15T12:11:05.154-05:00Heard a rumor about Peebles relocating to the old ...Heard a rumor about Peebles relocating to the old Clarion KmartAnonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-87750692960172010392017-11-14T10:17:33.677-05:002017-11-14T10:17:33.677-05:00The percentage off seems to increase ever 2-3 week...The percentage off seems to increase ever 2-3 weeks on Thursday. 10-30 percent, 20-50 percent, 30-70 percent eventually leading up to 90 percent off on the final day.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-44444563581187240192017-11-14T10:15:55.482-05:002017-11-14T10:15:55.482-05:00I do feel the mall will stay open. When compared t...I do feel the mall will stay open. When compared to other malls I've been to the Clarion one was actually pretty healthy. Hopefully that won't change with Kmart leaving.<br /><br />Those 140 stores are actually Sears locations that were sold off to pay for the pension plan. Those locations are not scheduled to close at the moment. They instead now lease these 140 stores rather then owning them.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-22973170981839919662017-11-13T17:34:15.103-05:002017-11-13T17:34:15.103-05:00Read another spin on Kmart closing stores...I read...Read another spin on Kmart closing stores...I read there may be a possibility that 140 more may close,connecting to something called the Pension Benefit Guaranty Corporation..tried to look that up,however a list of stores connected to it was not availableAnonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-85790730701641506352017-11-13T16:57:18.065-05:002017-11-13T16:57:18.065-05:00Im thinking if no one moves into the empty Clarion...Im thinking if no one moves into the empty Clarion Kmart ,and with only JCPenney being the sole major store..in hoping the mall stays open...Anonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-1001720339070759892017-11-13T09:49:28.246-05:002017-11-13T09:49:28.246-05:00Hopefully it doesn't stay vacant. I'm not ...Hopefully it doesn't stay vacant. I'm not sure if Rural King or Ollie's would be interested (at least for now) given that they have stores or plan to have stores in nearby Cranberry. (assuming Rural King plans to go into the old Sears) <br /><br />I don't think they are like the other chains who like to have stores just about anywhere. Not saying it won't happen, but it seems unlikely. I'm not too familiar with the chains' strategy for locations so I can't really say for sure.<br /><br />I too doubt Target would be interested in opening in Clarion. They would be far more likely to open in Du Bois before anywhere else.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-90059014306208381712017-11-11T19:18:17.424-05:002017-11-11T19:18:17.424-05:00What really got me is as soon as Kmart announced t...What really got me is as soon as Kmart announced that the Clarion store was closing..social media jumped on reasons why...people blamed local leaders for it..local leaders found out this the same time the public did...another suggestion was Target...no way Target would go into an almost 40 yr old building..plus not enough population..have heard Rural King might come in..who or what does someone get in contact with to try to bring one here..also heard Ollies possibly...according to a recent news story,mall management is "actively pursuing " possible stores...I'm hoping the empty Kmart don't sit empty for very long..<br /><br />Anonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-85933872847547206362017-11-11T13:14:26.926-05:002017-11-11T13:14:26.926-05:00Thanks...how much more would they mark down items ...Thanks...how much more would they mark down items in the coming weeks?Anonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-86773988484216526652017-11-11T11:07:12.957-05:002017-11-11T11:07:12.957-05:00My local store did the same thing. Wait about 3 we...My local store did the same thing. Wait about 3 weeks or so and they should transition the signs into store closing.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-19417027043678396372017-11-10T18:41:36.340-05:002017-11-10T18:41:36.340-05:00Was into the Clarion PA Kmart...no store closing s...Was into the Clarion PA Kmart...no store closing signs up yet..they had signs saying inventory blowout,everything must go 10% to 30 % off...the closing sales started on 11/9/17...why no store closing signs yet??Denny hhttps://www.blogger.com/profile/17731783203140319804noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-25814024985169957822017-11-04T12:20:57.324-04:002017-11-04T12:20:57.324-04:00Lampert is known to close profitable stores just b...Lampert is known to close profitable stores just because. Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-1737934405722920582017-11-03T13:54:02.629-04:002017-11-03T13:54:02.629-04:00What I had heard was that the Clarion Kmart just s...What I had heard was that the Clarion Kmart just signed another 5 year lease a couple yrs ago..makes one sort of wonder if Lampert is breaking store leases to shut down unprofitable stores...Denny hhttps://www.blogger.com/profile/17731783203140319804noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-11297944567526791532017-11-03T11:10:21.683-04:002017-11-03T11:10:21.683-04:00I think many of these locations could hold out lon...I think many of these locations could hold out longer, but sadly aren't being given that chance. I didn't really pay attention to what was in the plaza as I was more focused on Kmart. Yeah, that Walmart probably didn't help.<br /><br />Wouldn't be shocked if Kmart was forced out. Many are doing that nowadays.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-611529366338242242017-11-03T11:03:30.682-04:002017-11-03T11:03:30.682-04:00I'm am as well. I thought it did pretty well a...I'm am as well. I thought it did pretty well as I stated. <br /><br />If you'd be willing to grab a few pictures, I'll gladly use them here, but that's entirely up to you.Random Retailhttps://www.blogger.com/profile/04657239630479658385noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-25222158244889157662017-11-03T10:07:06.001-04:002017-11-03T10:07:06.001-04:00I'm a bit shocked that the Moosic store is clo...I'm a bit shocked that the Moosic store is closing, but I figured it was the weakest of the 4 remaining Wyoming Valley locations (although by that, I still felt it could hold its own for a while longer). The new-ish Walmart in Taylor probably didn't help that store much, even though that Kmart still had a bit of a buffer between itself and the Walmart. Many good memories from that Kmart and the neighboring shopping center from way back when. The Birney "Mall" will be fairly empty once Kmart leaves. All that's left in there is a Dollar Tree, a Beauty School, a physical therapy center, and maybe one other thing I'm forgetting. It kind of makes me wonder if a redevelopment of that site may be in the works, and the owners wanted Kmart out.Albertsons Florida Bloghttps://www.blogger.com/profile/17350708223049245195noreply@blogger.comtag:blogger.com,1999:blog-7955018226751343883.post-82200699600569879872017-11-02T20:00:06.380-04:002017-11-02T20:00:06.380-04:00I'm sort of surprised the Clarion PA KMart is ...I'm sort of surprised the Clarion PA KMart is closing...Anonymoushttps://www.blogger.com/profile/12085676604957080956noreply@blogger.com