After its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores focusing on appliances, mattresses and home services.
FILE - In this Oct. 15, 2018 file photo, a Sears department is seen in Hackensack, N.J. The first three stores called Sears Home & Life will open on Memorial Day 2019 weekend and are a fraction of the size of the company's traditional stores. After its journey through bankruptcy, Sears is getting ready to open its first batch of smaller stores that won't carry clothing but will focus on appliances, mattresses and home services.
Peter Boutros, chief brand officer for Sears and Kmart, declined to say how many of the stores are in the works but said locations have been identified. However, he said the new-format stores will not take the place of Sears' remaining 425 stores. The new smaller stores will be located in Overland Park, Kansas; Lafayette, Louisiana; and Anchorage, Alaska, Boutros said. They range in size from about 10,000 to 15,000 square feet . The average Sears is about 155,000 square feet .
"We need to instill confidence that we are open for business," said Boutros in an interview with The Associated Press, declining to comment on recent sales trends.
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