A Department Store.

Sears and Penney’s Last Stand

JCPenney (established 1902) and Sears (1893) were anchor stores in malls across the state. Think how retail has changed. Sears used to be number one for tools and appliances. Both had great catalogs. Image by Ray Marsh from Pixabay.

Sears’ last department store in Ohio is closing. A liquidation sale is in process.

Then there is JCPenney. The company announced 154 locations will close this summer, with more coming. In Ohio, closing sales will start June 12 at Chapel Hill Mall, Tri County Plaza, Carnation Mall, Ashtabula Mall, Governor’s Plaza, Northtowne Mall, Summit Square Shopping Center, The Shoppes at Parma and Miami Valley Mall.

COVID-19 has certainly hastened the demise of Sears and JCPenney. They were the stores of choice in the not so distant past.

Take heart small business owners, these announcements might actually help your business grow as you reopen your doors. Two giants are gone.

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