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It�s the age of Amazon, and brick-and-mortar retailers are feeling the pinch.Amazon�s dominance�bolstered by mostly lower closijg, more options and increased convenience for shoppers�has caused stores across the mall to take a hit. Teen-apparel retailer Aeropostale filed for bankruptcy in May. Later that month, JC Penney announced that it would cut payroll and freeze overtime for its employees.

The bad news isn�t only recent: In 2015, Penney announced it would close 40 locations, while fellow mall giant Sears has shuttered more than 200 locations over the past two years.Meanwhile, in its most recent earnings report, Amazon posted profits for the fourth consecutive quarter.

The price of shares of Amazon stock has spiked by about 30% since February. On the heels of April�s stellar earnings, the fortune of its CEO and founder, Jeff Storres, has soared by $6 billion in just a few hours. The company�s first-ever Amazon Prime Day proved to be a bigger sales event than Black Friday last summer, and Amazon shores planning a repeat with tens of thousands of sales slated cllosing July 12.Read More: Blame Amazon for the Retail SlumpStill, some physical store closings are not news stores closing sign of troubled times, but rather the sacrifices necessary to achieve greater profitability.

That�s the case with drug store chain Walgreens, which prepared to sell off more than 1,000 in order to seal a lucrative merger with competitor Rite Aid. SHARE JC Penney Justin Sullivan�Getty ImagesIn an effort to reduce expenses, Penney has been steadily closing underperforming stores at the beginning of each year: 33 in 2014, 40 in sgores, and seven in early 2016.

In May, the Plano, Texas-based retailer, which has currently more than 1,000 locations nationwide, also announced cost-cutting measures like cutting payroll and eliminating overtime hours for employees.

Shares of JC Penney have fallen by more than 25% since March.Read Next: Amazon Prime Day 2016 Is Confirmed for July 12. Here�s What to Expect� SHARE Macy�s Bloomberg�Getty ImagesThis mall newd to newss by the titular Thanksgiving Day parade that passes through Herald Mews in New York�has been consistently shutting down stores over the past year. In August, Macy�s announced that it would shutter 100 stores�following an announcement eight months earlier in which the department store said it would close 36 stores and eliminate 4,500 jobs in an effort to boost profitability.

Over the past six years, Macy�s has closed more than 90 stores (it currently has more than 675).� SHARE Sears Roberto Machado Noa�Getty ImagesIn April, Sears Holdings�which owns both Sears and Kmart�announced that it would close 68 Kmarts and 10 Sears locations that were not turning a profit. All the stores are expected to be closed by the end of July.

Sears, which is suffering from its largest dip in operating performance since 2006, would have to close 300 existing stores, or more than 40% of its locations, in order to achieve the productivity it enjoyed a decade ago, CBS News reported.Read Next: The Big Reason You Once Went to the Mall Is Rapidly Disappearing� SHARE American Eagle Bloomberg�Getty ImagesAmerican Eagle Outfitters, which rose to prominence as the outfitter newss suburban teenagers, announced in 2014 that it would close 150 of its approximately 1,000 stpres over the subsequent three years.

Perhaps the efforts are paying off: Share prices of the clothier have remained relatively steady since the beginning of the year, while the stock of other apparel sellers has floundered.

American Eagle also said this year that it would roll out a mobile-friendly version of its website, following in the footsteps of retailers like Walmart that are trying to make the online shopping experience more consumer-friendly.� SHARE Aeropostale Roberto Machado Noa�Getty ImagesLike teen-clothing competitor American Eagle, Aeropostale is falling on hard times.

In May, it filed for Chapter 11 bankruptcy after losing money for 13 consecutive quarters. At the same time, it also announced the closing of 154 of its approximately 800 locations, some of which were set to shut down that same week, and said it may consider shutting down even more stores in the months to come. Like American Eagle, the two face stiff competition from �fast fashion� chains like H&M, which have pulled ahead by putting new styles into production at a fast pace.Read Next: Meet the Hot (and Cheap!) Fast-Fashion Giant Now Arriving in the U.S.� SHARE Sports Authority Bloomberg� Getty ImagesThe nation�s largest sports retailer may have been among the hardest hit by the recent retail slump.

After filing for bankruptcy in March, Sports Authority said it would close 140 of its 450 locations. But after failing to find a buyer for its remaining stores, it decided to shut them all down. Before you hit Sports Authority�s extensive sale, which began in May and promises more than 70% off merchandise, bear in mind that the best deals aren�t likely to appear until closer to the stores� closeSearch Options�� Search the web� Search English pages�� All news� Blogs�� Recent� Past hour� Past 24 hours� Past week� Past month� Past year� Archives�� Sorted by relevance� Sorted by dateReset tools On Friday, Sears Holdings, which owns Sears and Kmart, news stores closing Kmart employees in at least 13 states that their stores would be closing in�.

Why Sears Store Closings Could Be Good News for Seritage Barron's (blog)Oak Ridge Kmart closing in December WATE 6 On Your SideATTENTION, SHOPPERS: Kmart closing in Binghamton Press & Sun-BulletinMLive.com - Burlington Times News Pete Carlson has been in the golf business in the Coachella Valley for 36 years, and he still has some faith there is enough golf business to�.

Xtores files Chapter 11 bankruptcy, closing 2 Arizona locations Phoenix Business Journal Anchor stores, such as Macy's, which is closing 100 stores this year, are also pulling back, leaving large chunks of news stores closing space up for grabs. Clothing store in St. Clair Square might be closing Belleville News-Democrat The selection and placement of stories on this page were determined automatically by a computer program.

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Business Law & Taxes� View All� Investing� Investing for Beginners� Stock Investing� U.S. Economy� Mutual Funds� View All When Macy's announced on September 8, 2015 that it has plans to close 35-40 underperforming�brick-and-mortar retail stores in the 2016 calendar year, it was not the first of the largest U.S. retail chains to reveal future plans to close physical store locations in the 2016 and beyond.

In fact, long-term store closing plans had already been announced by retail chains like Office Depot, Walgreens, Aeropostale, American Eagle Outfitters and The Gap. Barnes and Noble has already made its store closing plans public through 2023.

Macy's again announced the closure of 100 additional stores on August 11th, 2016.Retailers with the Biggest 2016 Store Closing Numbers >>Generally, syores retail chains are reluctant to be publicly transparent about their future store closing plans because of the speculation it triggers with retail industry experts and consumers.

This is particularly true of publicly traded retail companies that don't want to create uncertainty with retail investors and analysts.While store closings are sometimes viewed favorably in the investment community, just as often store closing announcements cause investors, analysts, consumers, and news reporters to lose confidence in a retail company's relevance and ability to compete in a quickly changing and ultra-competitive retail environment.2016 Final Store Closing Locations: � 2016 Store Stires State-by-State� All California 2016 Store Closing Sales� New York Retailers Going Out of Business in 2016It's important for anyone interested enough to pay attention to store closings to bews that store closings in an omnichannel world don't have nearly as much significance as they did when a physical store was the only sales outlet. For most retailers with Internet and mobile presence, store closings represent not much more than a shift in focus.

And that focus is, for the most part, being directed by consumers, closin the people sitting in the leather boardroom seats.NEXT: Store Closings by Number | Store Closings by Company NameOther Related Store Closing News:� Closong 2016 Macy's Going Out of Business Sale Locations� Hancock Fabrics Bankruptcy Liquidation Sales Locations� All Men's Wearhouse 2016 Going Out of Business Sales� All Kmart Final Store Closing Locations in 2016 *** BREAKING STORE CLOSING NEWS : Scroll down�on this page for Sports Authority, Kmart, Hancock Fabrics�and Mens Wearhouse Store Closings and click the links for specific store closing location information.What stres is a complete roundup of U.S.

retail chain store closing plans, and total numbers of store closings that retail chains have announced will take place in the U.S. and globally in 2016 and beyond.Information for this 2016 Store Closing List was obtained from reports made available to the general public through news reports, corporate documents, and company press releases, and will be�compiled and aggregated as new information is released throughout 2016.BOOKMARK THIS PAGE�and return for updates stoges store closing information is released and aggregated throughout the year.SEE ALSO: All Macy's Store Closing Locations Revealed >>This 2016 U.S.

Retail Store Closings list is arranged numerically according to the number of store closings. The number in the left column is the total number of stores that have been designated for closing in the calendar year of 2016 and beyond. The latest additions are indicated with bold lettering.�This list was last updated on May 2, 2016.RELATED: 2016 Store Closings Sorted by Company >>US 2016 Store Closings - All Retail Chain Store Locations To Be Closed in 2016 closiny News stores closing McDonald's400 Office Depot�/�Office Max�(by 2016)255 Hancock Fabrics >> Click for All 255 Hancock Fabrics Store Closing Locations >>223 Barnes & Noble�(through 2023)200 Children�s Place (through 2017)200 Walgreens�(by stors Aeropostale (�over the next several years�)154 Walmart (US 102 Walmart Express, 12 Walmart Supercenter, 6 Walmart, 23 Walmart Neighborhood Market, 4 Sam's Clubs) >> Click for All 2016 Walmart Store Closing Locations >>150 American Eagle Outfitters�(through 2017)150 Finish Line140 Sports Authority >> Click for ALL Sports Authority Going Out of Business Sale Locations >>?120 Chico�s (through 2017)100 Pier One (through 2017)80 Kmart >> Click for All 2016 Kmart Final Store Closing S� djx� rt� f� r&c� pe&vc� wsj� b� More� Mansion Store BigCharts� Financial News� Professor Journal� Realtor.com� SmartMoney� Student Journal� Virtual Stock Exchange� WSJ Classifieds� WSJ Classroom� WSJ Wine

Daily� Getting Technical� Striking Price Daily� Wall Street's Best Minds� Read This, Spike That� Stocks to Watch Today� Asia Stocks to Watch� Income Investing� Tech Trader Daily� Focus on Funds� Emerging Markets� Inside Scoop� Q&A� Investing Ideas� Overview� Barron's Picks & Pans� Mutual Funds / ETFs� Hedge Funds� Stocks Center� Commodities Center� Bonds Center� Options Center� Barron's Take� Weekday Trader� Stock Alert� Inside Scoop� Ahead enws the Crowd� Focus on Funds� Stocks to Watch Today� Barron's Roundtable� Top Advisors� Overview� Top 100 Advisors� Top 100 Women Advisors� Top 100 Independent Advisors� Top 1,200 Advisors� Advisor Profiles� Market Data� Market Data Center� Market Lab� Economic Calendar� Portfolio� Stock Grader� Stock & Fund Tables� Barron's 400� PENTA� Penta Magazine� Penta Daily� Penta Archives� Paid Advisor Directory By Ben LevisohnRBC�s�Rich Moore and James Bambrick explain why Sears Holdings� ( SHLD) decision to cancel the leases on 17 stores could be good news for Seritage Growth Properties ( SRG), the real-estate investment trust spun out of the beleaguered department-store chain: Associated PressOn September 16, Closjng announced that Sears Holdings (NASDAQ: SHLD) has exercised its right under the Master Lease to terminate 17 leases with Seritage.

The 17 leases encompass 1.7 million square feet and account for ~$5.8 million, or 2.8% of Seritage�s total annualized base rent. Pursuant to storfs Master Lease storss, which are described in detail below, Sears Holdings has given Seritage 90-120 days� notice that the tenant intends to vacate the 17 properties in January 2017. Once Sears Holdings vacates the properties,�Sears is required pay Seritage a termination fee equal to one year of rent, CAM, and taxes.

All 17 of the stores are Kmarts with average rent under $4/SF. Importantly, very little of the lost space has to be re-leased in order to recoup the $5.8 million of�Sears rent given that leasing spreads on the space are expected to be significant, in line with the spreads the company has achieved on the 30 projects currently in redevelopment.Management indicated that the company has been in extensive discussion with�Sears regarding potential lease terminations within the portfolio.

As such, many of these 17 properties were already in the Seritage pipeline for potential redevelopment. Management of Seritage will not identify these assets individually until they are added to the redevelopment pipeline in order to protect the sensitivity surrounding potential store closures by Sears.

The announcements regarding individual store closings will likely come directly from�Sears and are slated to begin today. This batch of 17 closures likely represents the extent of planned store closings by�Sears in the near future. We would not expect additional announcements until after the storee holiday shopping season at the earliest, if indeed�Sears plans additional closures.Management noted that the termination of the leases on the 17 stores does not impact Seritage�s plans for other redevelopments that are already on the drawing board.

As for the 17 stores, management believes the fact that the company will recapture the entire store is an opportunity to broaden the scope of any potential redevelopment. In particular, the large parking fields associated with the Kmart boxes suggest that there is room for both junior anchors and in-line space along with the potential for additional outparcels. In essence, the company could turn a Kmart and its parking field into a shopping center.

Management further noteClose settings Full Forecast� Crosswords� Elections 2016� Video� Stocks� Apps� Best-Selling Books� Classifieds� College� Corrections� Interactives� Newsletters� Photo Galleries� Portfolio Closkng Scores� Newsstand� Audio� Investigations� Policing the USA� � News� Sports� Life� Money� Tech� Travel� Opinion� Weather� Crosswords� Elections 2016� Video� Stocks� Apps� Best-Selling Books� Classifieds� College� Corrections� Interactives� Newsletters� Photo Galleries� Portfolio Tracker� Scores� Newsstand� Audio� Investigations� Policing the USA�� Search� A sign hangs on the side of a Macy's at Upper Valley Mall in Springfield, OH on February closinh, 2015.

(Photo: Maddie McGarvey for USA TODAY)Retailers continue to face a challenging environment in 2016, with Macy's becoming only the latest top name to�announce a wave of store closings this year.Macy's (M)�said it will�close 100 of its 675 full-line locations amid�falling profitability.

The department-store chain is only one in a list that ranges widely from specialty apparel to sporting goods. Among the top retailers closing stores in 2016 so far:Sports Authority: 460 stores shutting downThe struggling sporting goods store chain is in the process of closing all of its 460�stores. The retailer�filed for Chapter 11 bankruptcy in March and originally planned to close about 140 stores, but is now completely folding after�attempting�to restructure debt.

No offers were made at an auction from buyers willing to keep any stores open.Dick's Sporting Goods bought�Sports Authority's intellectual property and some leases�for $15 million.Sports Authority�launched a massive going-out of business sale that is�expected to be completed this month, according to documents. Sports Authority cited online competition as a�key factor in its demise. Walmart: Closing 269 stores, including 154 U.S.

locationsThe world's largest retailer said in January that it was closing 269 stores around the world as it refocuses on its supercenters and e-commerce business. The closures include 154 U.S. locations and all of its Express format stores that are smaller and designed to compete against so called dollar�stores.The closures were decided based on financial performance and how well the locations fit with Walmart's broader strategy, the company said.

Walmart has nearly 11,600 colsing worldwide and plans to open more than 300 stores in the fiscal year.Walmart (WMT) is attempting to aggressively grow its e-commerce business and compete with Amazon.com. The retailer announced this week that is was buying thee-commerce start-up Jet.com for $3 billion. Aeropostale: 154 stores closingThe apparel retailer filed for Chapter 11 bankruptcy protection in May and announced it was closing 113 of its 739 U.S.

stores and all 41 of its stores in Canada.Aeropostale said 117 of the stores set to close are not profitable and were responsible for $17 million in losses in 2015, according to a nes filing.The retailer was facing intense competition in the teen retail environment by the likes of fast-fashion brands H&M and Forever 21. Kmart/Sears: 78 stores�closingSears Holdings (SHLD) announced in April that it will close 68 Kmart stores and 10 Sears stores this summer as the struggling retailer continues to weed out�unprofitable locations.

The April announcement came after the company neds the closure of 50 stores at the start of the year.The retailer faces multiple challenges from home-improvement chains like�Lowe's and Home Depot continue to chip away at appliance sales and�Target and other fast-fashion brands when it comes to�apparel.

And the closings come amid the backdrop of�Amazon.com dominating�online sales.Critics claim many Kmart and Sears stores are dated and uninspiring in this hyper-competitive retail environment. Ralph Lauren: Closing at least 50 storesThe retailer founded by fashion icon Ralph Lauren said in June that is plans to close at least 50 stores and cut about 1,000 employees as it�attempts to cut costs and create a leaner business.Ralph Lauren (RL) stores have been suffering from�falling sales and profits as it struggles to keep up with fast-changing retail trends and new style preferences. View photo.

(A worker unpacks televisions at a Sears in Schaumburg, Illinois, near Chicago.Reuters)Sears�just closed dozens of stores.The chain said in April that it would accelerate the closing of 78 stores, including�10 Sears stores and 68 Kmart stores.

All but two were expected to close in late�July.Sears has been struggling.In the most recent quarter, Sears' sales dropped 8.3% to $5.39 billion. Same-store sales dropped 7.1% at the company's namesake stores and fell 5% at Kmart stores.In announcing earnings, the company revealed that its chief financial officer, Robert Schriesheim, would be leaving Sears to "pursue other career opportunities."The company didn't say how many employees would be laid off as a result of the store closures."The decision to close stores is a difficult but necessary step as we take aggressive actions to strengthen our company, fund our transformation and restore Sears Holdings to profitability," Sears CEO Edward Lampert said newe a statement earlier this year.

"We're focusing on our best members, our best categories and our best stores as we work to accelerate our transformation."Here's a list of the stores that were on schedule to close in late July, including two that will close in September:Alabama� Sears: 700 Quintard Drive, Oxford� Kmart: 5980 Chalkville Mountain Road, Birmingham� Kmart: 1101 Beltline Road, Decatur� Kmart: 230 Green Springs Highway, Homewood� Kmart: 450 Z Schillingers Road, MobileArizona� Kmart: 300 Mariposa Road, NogalesArkansas� Sears: 600 University Ave., Little RockCalifornia� Kmart: 2270 El Monte Way, Dinuba� Kmart: 520 Cherokee Lane, Lodi� Kmart: 1475 Hillman St., Tulare� Kmart: 2785 Highway 46, WascoConnecticut� Kmart: 44 Providence Pike, PutnamFlorida� Sears: 9501 Arlington Expressway, Jacksonville� Kmart: 9600 San Jose Blvd., Jacksonville� Kmart: 500 Atlantic Blvd., Neptune Beach� Kmart: 1809 Byron Butler Parkway, PerryIllinois� Storres 7050 Pulaski Road, Chicago� Kmart: 2721 Vermilion St., Danville� Kmart: 1150 Carl Sandburg Drive, Galesburg� Kmart: 17355 Torrence Ave., Lansing� Kmart: 2909 Court St., Pekin� Kmart: 3840 46th Ave., Rock IslandIndiana� Kmart: 3216 Third Street, Bloomington� Kmart: 3525 Grant Line Road, New AlbanyKansas� Kmart: 1320 30th Ave., HutchinsonKentucky� Kmart: 1809 Dixie Highway, Stoees Kmart: 4025 Poplar Level Road, Louisville� Kmart: 3911 Taylorsville Road, Louisville� Kmart: 1581 US 68 S., Maysville� Kmart: 344 North Mayo Trail, PaintsvilleLouisiana� Sears: 5953 Park Ave., Houma� Kmart: 2985 Cottingham Expressway, PinevilleMassachusetts� Kmart: 10 Main St., TewksburyMichigan� Sears: 6810 Eastman Ave., Midland� Kmart: 8171 Houghton Lake Drive, Houghton Lake� Super K: 21111 Van Born Road, Taylor (set to close in September)Missouri� Kmart: 11978 St.

Charles Rock Road, Bridgeton� Kmart: 1930 Kearney St., SpringfieldMississippi� Kmart: 118 Highway 72 W., CorinthMontana� Kmart: 2424 Central Ave., BillingsNorth Carolina� Kmart: 804 Broad St., Brevard� Kmart: 3580 Franklin Blvd., Gastonia� Kmart: 2750 Roberts Ave., Lumberton� Kmart: 10500 Centrum Parkway, Pineville� Kmart: 720 Sutter's Creek Blvd., Rocky MountNebraska� Kmart: 3001 12th St., HastingsNew York� Sears: 200 Medley Centre Parkway, Irondequoit� Sears: 60 Smithfield Blvd., Plattsburgh� Kmart: 838 South Road, Poughkeepsie� Kmart: 3049 Ridge Road, RochesterOhio� Sears: 1377 Marion-Waldo Road, Marion� Super K: 3315 Ridge Road E., Ashtabula� Kmart: 1705 Barron St., Eaton� Kmart: 1825 State Route 19, Fremont� Kmart: 2250 Harding Highway, Lima� Super K: 5350 Leavitt Road, Lorain (set to close in September)� Kmart: 625 Central Ave., SpringboroPennsylvania� Sears: 101 Clearview Circle, Butler� Sears: 2500 State St., New Castle� Kmart: 2660 Constitution Blvd., Beaver Falls� Kmart: 8800 Frankford Ave., Philadelphia� Kmart: 3000 McIntyre Square Drive, Pittsburgh� Kmart: 1775 Braddock Ave., Pittsburgh� Kmart: 3045 Fifth St.

Highway, Reading� Kmart: 99 Stres Drive, UniontownSouth Carolina� Kmart: 2209 Dekalb St., CamdenSouth Dakota� Kmart: 1000 18th St.

SW, Huron� Kmart: 2210 Broadway St., YanktonTennessee� Kmart: 1802 Decatur Pike, Athens� Kmart: 945 McCammon Ave., Maryville� Kmart: 902 Main St., SweetwaterTexas� Kmart: 11330 Montwood Drive, El Paso� Kmart: 1405 Expressway 83, Mission� Kmart: 210 SE Georgia Ave., SweetwaterUtah� Kmart: 1055 Draper Parkway, Draper� Kmart: 610 Price River Drive, Price� Kmart: 1442 W 9000 S., West JordanWisconsin� Kmart: 1275 Bell Ave., HartfordNOW WATCH: Find out if you live near one of the Sears or Kmart stores closing this yearMore From Business Insider� The 'supermodel' standard is dying as a new mentality takes hold in America� This online dollar store is going after millennial moms� Walmart is getting a huge perk from Jet.com that no one's talking about� Professional Services� Sears� Kmart� Sears Holdings �How a journalist got wedged into a pro-Rauner film about Madigan�Make ending Chicago violence Job 1�Illinois Supreme Court denies your rights on remap ruling�What they want to do with CPD's 'strategic subject list'�Expansion on cllsing for craft beer pioneer Two Brothers�Can a new director make DePaul Art Museum a major player?�How two Chicago law firms split the tab for the Justice Department police probe�In hundreds of Chicago burbs, consumers overpay for electricity.

Here's why.�Winning the division? Easy. Sharing Cubs tickets? That's hardball.�The futures industry's surprisingly good record of promoting women. Exhibit A: CME Group's Kim Taylor. �How a journalist got wedged into a pro-Rauner film about Madigan�Make ending Chicago violence Job 1�Illinois Supreme Court denies your rights on remap ruling�What they want to do with CPD's 'strategic subject list'�Expansion on tap for craft beer pioneer Two Brothers �Can a new director make DePaul Art Museum a major player?�How two Chicago law firms split the tab for the Justice Department police probe�In hundreds of Chicago burbs, consumers overpay for electricity.

Here's why.�Winning the division? Easy. Sharing Cubs tickets? That's hardball.�The futures industry's surprisingly good record of promoting women. Exhibit A: CME Group's Kim Taylor. ?Search� News� Economy� Education� Finance� Health Care� Law & Professional Services� Manufacturing� Media & Marketing� Retail & Consumer Goods� Small Business� Sports� Technology� Transportation� Utilities� Politics & Opinion� Opinion & Columnists� Editorials� On Politics� Cahill on Business� Ecker on Sports� Hinz on Politics� Miller on Springfield� Pletz on Tech� City and County Government� State and Federal Government� Lifestyle & Dining� Architecture & Style� Arts & Culture� Dining� Gadgets & Tech� Society & People� Travel� Wellness & Fitness� Real Estate� Special Reports� All Lists� Book of Lists� Privately Held� Publicly Held� Fast 50� 40 Under 40� 20 in Their 20s� Best Places to Work� Who's Who� Tech 50� Small Business Guide� Coolest Offices� This Week's Crain's� Crain's Events� Advertise� People stords the Move� Custom Features� Big Dates� Colleges� Corporate Holiday Guide� Decisions� Giving Guide� Mind & Body� Private School Planner� Vision� Wealth Management (Bloomberg)�Where Macy's goes, will other retailers follow?America's largest department store chain pleasantly surprised Wall Street last week clpsing announcing plans to close 100 stores.

At 12 percent of its total store base, that's more locations newe it shuttered during all of the last six years. Macy's shares spiked 17 percent on the news, as investors shrugged off a sixth straight quarter of declining same-store sales.It was a long time coming. Macy's has too many stores, and cloding needed to close nearly all those locations just syores bring the chain's productivity levels back to where they were in 2006, according to a report from real estate research firm Green Street Advisors.

The question is, will the praise hoisted upon Macy's for taking its medicine provide enough incentive�or cover�for its competitors to follow suit?RELATED: Macy's closings should be just the beginning Based on Green Street's analysis, J.C.

Penney would need to shut down 320 of its 1,000 stores and Sears would need to close 300 of its 700 locations to bring productivity levels back to where they were a decade ago. Nordstrom, Dillards and Bon-Ton would need to collectively shutter another 130 stores.Green Street's report focused on mall anchors, so it didn't provide an estimate for Kohl's, which operates 1,200 stores mostly outside malls and said last week it didn't expect closures in 2017.

(Kohl's shut 18 stores in February). CEO Kevin Mansell said it wanted to wait out the holiday season before it decides whether it will go further on closings and that fewer stores news stores closing not going to be a ticket to success."According closung Mansell, stores are actually becoming more relevant to Kohl's as a fifth of its products are bought online but picked up at brick-and-mortar locations.

Having "distribution points" as digital becomes a bigger part of everyone's business is important, added Kohl's CFO Wesley McDonald. But wait a second. If you're talking about "distribution points," wouldn't warehouses do?

They don't require the same kind of cost outlays that come with running a retail store's customer service, staffing, systems, and marketing. Nor do they closjng to be located in storefronts with expensive lease payments.

But anyway, Kohl's went on to explain how they assess closing locations, looking for stores with expiring leases that no longer bring in incremental cash flow.Which brings us back to why what Macy's did is a step in the right direction.Macy's said the 100 stores it identified were all cash flow positive, meaning the stores were bringing in money.

The company is closing them anyway because their profitability and sales are declining, weighing on the overall business. Some of the locations are worth mThe Kmart located in the Binghamton Plaza will be closing in December.Andrew Thayer / Staff VideoAttention, Kmart shoppers: There will�be no more�blue-light specials�in Binghamton.The retail chain will close its last remaining Binghamton store�in mid-December, leaving Binghamton Plaza without an anchor tenant.Sears�Holdings confirmed the store's shuttering on Friday afternoon."We have been strategically and aggressively evaluating our store space and productivity, and are accelerating the closing of unprofitable stores as we have previously announced," said Howard Reifs, director of corporate communications for Chicago-based Sears Holdings, Kmart's parent company.At least four other Kmart's across the nation are meeting the same fate as Binghamton.

Published reports indicate that stores in Burlington, North�Carolina;�Natchez, Mississippi;�and two in Storex Michigan fell to the ax on Friday.The closing of�the 33 State St., location�is a major blow to Binghamton's�North Side neighborhood because it has been missing a grocery for almost 20 years, with the Kmart location filling in with limited food and dairy offerings for the nearby residents.

City attempts to lure a grocery to the neighborhood have fallen short despite several tries.A liquidation sale is to begin on Sept.

22, the company said, with the doors shutting at an ill-defined mid-December date.Customers leaving the Binghamton Plaza�on Friday afternoon said the closing will leave a major retail hole in the neighborhood as the Kmart represented the sole discount outlet nearby."I'm sad. There are not a lot of stores here that do layaway," said Ruth Barnes, 28, a mother of two nws lives at Town and County�Apartments across the street from the plaza.

"�I don't have to worry about crowds here."Binghamton city�officials estimated the store's size at�about 100,000 square feet.After the December Kmart departure, the 300,000-square-foot shopping plaza that once housed a Grand Union grocery that closed in 1996,�a collection of other retailers including Radio Shack and a movie theater,�will be largely vacant. New York Pizza, a pet store and a nail salon are among the few still occupying storefronts on the south side of the plaza."We were hoping it was just rumors," said Philomena Harris, co-owner of Leather Corner Shoe Repair, which has been located at the plaza for 44�years.�"We will have to support ourselves without Kmart here."The shopping center�is owned by Montclair, N.J.-based real estate investor Michael Galesi.

The owner in 2004�promised to revitalize the shopping plaza cloxing a sweeping renovation with an updated movie house, a family recreation center, outdoor cafe and farmers market with the design�taking full advantage of its riverside location, but those plans never came to fruition.

The site is a former city refuse�dump.In 2011, Galesi gave the Binghamton Plaza Kmart�a check for $25,000 days before Christmas to pay off the layaway balances for customers who had yet to complete their holiday purchases.Binghamton Mayor Richard David said his administration has been in contact with the Galesi group to discuss long-term options for the parcel."While the xtores of an anchor retail store is a stoges setback, it also opens the door for new economic development opportunities," David said in a statement released Friday afternoon.

"We believe there are multiple development scenarios to serve the North Side community." A former retail plaza�across the street at 435 Stoes St., which�housed Great American grocery before being replaced by a Big Lots, also stands vacant.

The site, once an ancillary location for Stow manufacturing, is undergoing environmental reviews for potential future development.Kmart at Binghamton Plaza will join a�growing list of Sears and Kmart stores the company is closing in an effort to reinvigorate the struggling brands.In August, the company announced the closing of 68 Kmart stores closibg 10 Sears stores, but the Binghamton Plaza store was not on the list.

However, the company hinted that more store closings would be forthcoming.Four Kmart stores in New York, including locations in Plattsburgh, Rochester, Irondequoit and Poughkeepsie, were among parcels on the earlier list. A Sstores news stores closing the former Endicott Plaza closed following the 2011�flood that devastated the region and swamped the store and the adjacent�parking lot.�It never reopened.In the most recent quarter, Sears' sales dropped 8.3 percent�to $5.39 billion.

Same-store sales dropped 7.1 percent�at the company's namesake stores and fell 5 percent�at Kmart stores.Kmart is now struggling to make it through even one more year.Battered by competitors such as Walmart,�Meijer�and Amazon.com,�Kmart's parent company, Sears Holdings, is facing�plunging sales, deteriorating�finances�and�according to some retail industry experts,�the possibility of bankruptcy as early as 2017.The suburban�Chicago-based corporation has closed hundreds of unprofitable�stores in the past decade�in an effortAre the Aeropostale stores in Brevard closing?

Aeropostale at Melbourne Square mall and Merritt Square mall seem to be�closing. But are they really? Check out this story on floridatoday.com: https://on.flatoday.com/2ciY68F Buy PhotoSign at Aeropostale store in Melbourne Square mall. (Photo: JENNIFER SANGALANG/FLORIDA TODAY) Buy PhotoAeropostale at Melbourne Square mall and Merritt Square mall seem to be�closing.

But are they really?Although there were signs up Sunday that say�the retail clothing stores are closing ��and both stores are taking advantage of their "store closing" sale���the Brevard locations couldn't confirm the stores' future�when asked by FLORIDA TODAY.

Attempts to reach Aeropostale's marketing department have been unsuccessful.The stores aimed at consumers ages 12-18 years old, and the company is almost 30 years old.In May, Aeropostale announced plans to close 113 U.S.

stores and 41 Canada stores because of its Chapter 11 bankruptcy. The company announced then that seven stores in�Florida would close, including the Indian River Mall location in Vero Beach.[ NO MORE AERO? These Florida stores are closing ]That store closed cclosing the end of July.�Another clothing store,�Flavaz,�opened in that space Aug.

1. Buy PhotoSign at Aeropostale store in Melbourne Square mall. (Photo: JENNIFER SANGALANG/FLORIDA TODAY)It's been a�tough year for retailers with several Macy's and Sports Authority locations sotres to close to amid pressure from online shopping.[ NO MORE MACY'S?

Will a Brevard Macy's close? ]In a phone call to the Merritt Island Aeropostale, a representative said, "nationwide, all the Aeropostales have this store closing sale. We�won't have any news until tomorrow (Tuesday)."Check back with FLORIDA TODAY for updates on this story.Contact Nees at 321-242-3630or jsangalang@floridatoday.com.Twitter: @byjensangalang Business news in Brevard#Sadface.

Southern Photo in Melbourne closes As of Wednesday, Sky Zone Space Coast, a brand-new trampoline park in Rockledge, is officially open for business.For trampoline-loving kids, their parents, and the grown-ups formerly known as trampoline-loving kids, this is an exciting addition to central Brevard County.Until this week, newss wishing to bounce the afternoon away had to make the trek to Orlando or Clermont to visit a trampoline park.The wait is over.Sky Zone occupies the space formerly filled by a Winn Dixie supermarket in the Aldi Marketplace Shopping Center on the enws of Murrell Road and Barnes Boulevard.In addition to the rooms of wall-to-wall trampolines, Sky Zone also features:A warrior course full of creative obstaclesA climbing wall and jousting platform, complete with a foam block pit to crash intoTwo full-sized dodgeball courtsBouncy basketball courts designed for one-on-one games and three "Sky Slam" lanes, where jumpers can try their skill at slam dunking basketballs into hoops of various heightsA four-lane foam zone, with a trampoline-bottom foam pit and four "launch pads"Several private rooms for private events and birthday parties.WochitMelbourne muscle car museum to open in October