Sears to close Brooklyn store, the last in NYC


March 22, 2017, photo shows Sears signage at its department store in Brooklyn’s Flatbush neighborhood, in New York. (AP Photo/Bebeto Matthews)

FLATBUSH, Brooklyn — It’s official. Sears is closing its Brooklyn location, the last of the chain’s New York City stores.

Transformco, the company that acquired Sears’ assets, said in a statement they plan to close the Flatbush location along Beverly Road on Nov. 24 “in order to redevelop and reinvigorate the property.”

“This location has potential for redevelopment within a variety of asset classes,” said Scott Carr, president of Real Estate for Transformco.  “We intend to reinvigorate and maximize the value of the real estate to meet the needs of the Brooklyn market.”

The Brooklyn post had been in business for nearly 90 years, opening in 1932.

Transformco plans to implement a “go-forward store strategy” for Sears and Kmart, which would operate a diversified portfolio consisting of a small number of larger, premier stores with a larger number of small format stores.

The company plans to continue expanding its Hometown Stores and Home & Life stores in areas that had larger format stores.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Brooklyn Videos

See it: Shootout between murder suspect, New Rochelle police in Brooklyn

Mom of teen bystander shot in head shares update: 'She's doing really well...First week was hell'

Suspect identified after police shootout in Brooklyn with New Rochelle cops

New Rochelle murder suspect arrested in Brooklyn after shootout with police

Shots fired in Downtown Brooklyn involving suspect, New Rochelle police: NYPD

Body found in bag on Brooklyn sidewalk

More Brooklyn

Connect with PIX11 Online

Connect with PIX11 Online

Trending Stories

Don't Miss

@PIX11News on Twitter