Rock Springs, Wyo. — U-Haul Moving & Storage now occupies the former Kmart® building in Rock Springs, Wyo., and is offering truck and trailer sharing, boxes and moving supplies, and U-Box® portable storage containers out of a temporary showroom. Towing equipment, hitch accessories and bike racks, professional hitch installation, propane and much more will soon be available. Renovations to the 89,792-square-foot facility will lead to a variety of storage units. U-Haul plans to create more than 700 indoor climate-controlled self-storage rooms. U-Haul acquired the 8.19-acre property on Dec. 17, 2021. …
Marshall, Mich. — Discount retailer Kmart is closing its final store in the state of Michigan, according to local media reports. The last remaining store is in Marshall, which is located about 45 miles south of Lansing. The store is expected to close in November. Kmart opened its first location in Garden City, Mich., in 1962. In its prime in the 1990s, Kmart operated more than 2,300 locations in the United States. The current parent company of Kmart, Transformco, also owns Sears, which recently unveiled plans to shutter its final …
Kansas City, Mo. — Full-service commercial real estate firm Block & Company, Inc. Realtors has completed the first phase of its Kmart redevelopment project in Merriam, Kan., with the opening of a new Freddy’s Frozen Custard & Steakburgers. The more than 4,000-square-foot building is now one of Freddy’s largest locations in the United States. Block & Company handled the construction management of the project on behalf of the property ownership group. Construction details of the new Freddy’s included an almost complete tear-down of the existing building. Various structural elements and …
Hoffman Estates, Ill. — On October 15, 2018, Sears Holdings Corporation and certain of its subsidiaries have filed voluntary petitions for Chapter 11 bankruptcy relief. Effective immediately, the company’s chairman and CEO, Edward S. Lampert, is stepping down from the CEO role. Also, the company will close 142 stores in addition to the previously announced 46 store closings.
Alton, Ill. — This August, U-Haul® plans to acquire a former Kmart® store in Alton, Ill., and convert it into a modern self-storage facility. Adaptive reuse is part of U-Haul’s corporate pledge to support infill development.
Warren, Mich. — Industry veteran David Ladd has joined Art Van Furniture as vice president–chief financial officer (CFO). Ladd joins Art Van Furniture from an executive leadership position with Sears.
Hoffman Estates, Ill. — Sears Holdings will close 68 Kmart and 10 Sears stores this summer.
Toronto — Ronald D. Boire most recently served as executive vice president, chief merchandising officer and president, Sears and Kmart formats, for Sears Holdings Corporation.
Quincy, MA — Scrubology is expanding into 91 Sears and Kmart stores nationwide. Scrubology was developed with Work ‘N Gear, the largest U.S. retailer specializing in work apparel and uniforms.
Hoffman Estates, IL — Sears Holdings has hired David Lukes to join its real estate business unit as president, real estate development. Lukes comes to Sears Holdings from Mall Properties, Inc.