Business & Tech
Houston-Area Sears To Close
The Texas store is one of 26 that will close in late October.

TEXAS CITY, TX — The Sears store in Texas City, one of the company's large format stores, will be closing in late October, according to the company.
The Texas City Sears, located at 10000 Emmett F Lowry Expressway, is one of 26 locations that will close as part of yet another round of closures.
Sears auto stores at the closing locations will shutter in late August. Liquidations sales at the closing stores will begin around Aug. 15, Tranform, the company that acquired Sears Holding Corporation, said.
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Eligible employees will get as many severance weeks as Sears Holding employees prior to the company's October 2018 bankruptcy filing.
Transform or New Sears said that it believes the right course of action for the company is to accelerate the expansion of smaller store formats.
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"Following these steps, we will continue to evaluate our network of Sears and Kmart stores and cannot rule out additional store closures in the near term," Transform said. "Our goal remains to return the company to profitability and preserve as many jobs as possible in the communities we serve."
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