Two Eastern Carolina Sears Stores Closing

Sears says it will close 79 stores across the country and two of them are here in Eastern Carolina.

The Sears at Golden East Crossing in Rocky Mount will shut down, along with the Sears at Cypress Bay Plaza in Morehead City. No timetable has yet been released on exactly when the stores will shut down.

No Kmart stores in Eastern Carolina were on the list. The only other Sears closings in North Carolina are in High Point and Statesville.

Sears says additional store closings will be announced at a later date.

Of those 79 stores scheduled to close, 41 are Sears stores, while 38 are Kmart locations.

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More than 100 Sears and Kmart stores will be shutting their doors for good.

The company that owns the two chains is making the move in order to raise cash after a weak holiday shopping season for the retailer. As many as 120 stores will close.

Today's announcement is fueling speculation about whether Sears, which has a 125-year history, can turn itself around and survive. The company has been struggling with falling sales and shabby stores as rivals like Wal-Mart and Target spruce up their looks and turn into one-stop shopping destinations.

Some industry experts say part of the problem that Sears is facing is that economic difficulties continue to grip its core customers. The middle-income shoppers have seen their wages fail to keep up with higher costs for household basics like food.

But analysts say the bigger issue is that Sears hasn't invested in remodeling, leaving its stores uninviting.

Billionaire investor Edward Lampert bought Kmart out of bankruptcy in 2003, and purchased Sears, Roebuck a year later.

Sears has more than 4,000 stores in the U.S. and Canada, including stores in Eastern Carolina. According to a statement on the company's corporate website, a final determination has not been made on which stores to close. The statement says a list will be posted on the website when that decision is made, but no time frame is given.

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  • by Dan on Jan 4, 2012 at 06:49 PM
    Who shops at Sears anyway. I thought they were all closed....
  • by Anonymous on Dec 30, 2011 at 07:02 PM
    If you think it is bad now, wait a few years you will see much more pain when the country has to start paying off the record debt President Obama has been running up since he became president in 08.
  • by Anonymous on Dec 30, 2011 at 04:44 PM
    I voted for President Obama in 2008. He promised hope and change. Instead we got high unemployment, high grocery prices, high gasoline prices, and a divided country. In 2012 we need a uniter.
    • reply
      by No on Jan 2, 2012 at 05:13 PM in reply to
      I don't believe that you voted for Obama. Believe this or not... I voted straight ticket Republican in '08, '09, and '10 and will NEVER do so again. Take this for what it is worth (very little), but the GOP has let us ALL down in disgusting and historic fashion and I'll be splitting my vote MUCH more easily!
  • by ray Location: ayden on Dec 30, 2011 at 10:54 AM
    People you just don't get it . look every time we get a president whether repuplican or democrat we end up with a house that's ran by the opposite party, that will 100 percent of the time put a damper on any administration efforts of solving anything because they won't agree on anything, case in point our current president can't accomplish anything because of the opposing side that's running things now.
  • by ray Location: ayden on Dec 30, 2011 at 10:41 AM
    Took my mother in law to sears for a washer, we picked out up to 5 different machines that was on display,each time they came back and said sorry not in stock, asked can we buy display off floor, no what gives,they did it to themselves forcing youy to shop elsewhere.
  • by Jim on Dec 30, 2011 at 09:37 AM
    Only shop at Gville Target - Feel at home - store is always neat and professional. Sales floor people are always friendly and bend over backwards to help. Any section of store just pick up red phone and help will arrive in 30 seconds. Any check-out lane w/ more than 5, they call up help.A safe environment for your family. Love Target in Greenville.
    • reply
      by Pro-american on Jan 1, 2012 at 05:23 PM in reply to Jim
      Target doesn't support our military, they don't get my business.
  • by kay on Dec 30, 2011 at 07:25 AM
    I heard the Sears in greenville maybe in the next round annouced. anyone know?
  • by Shine Location: NE NC on Dec 30, 2011 at 05:22 AM
    I hate to see Sears go @ Golden East. There have been so many 'core' stores that have gone out of there. The economy has consumed the overhead. Dag gum shame this has happened. That store has been there a LONG TIME.
  • by Anonymous on Dec 30, 2011 at 03:48 AM
    Sears does not actually make any appliances. They are made by other companies- whirlpool, Electrolux or someone else, and they put the Kenmore name on it. I hate to say it, but your refrigerator was probably made by Electrolux. If could have been made in SC or Mexico. (if I high end refrigerator blame Mexico!) I am not a fan of Sears, but the blame needs to be placed where it belongs.
  • by MHC Resident on Dec 30, 2011 at 01:45 AM
    Hate to see any long time local business close, but between K-Mart and Sears, I wish they had closed the K-Mart instead. At least the Sears had a decent tool department, and as others have said, Craftsman tools come with a lifetime warranty, unlike the cr*p they sell at Lowes and elsewhere. Sooner or later the only stores in town will be Walmart and Lowes. What a shame. Both stores sell only Chinese made products and pay their employees zilcho. Most of the employees at Wally mart are temps so don't get any benefits, no health insurance, nothing. No way to make a living at either store.

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