Business & Real Estate

Sears closings promise short-term bargains for Sacramento-area shoppers

Six Califormia Sears stores are among the 39 slated for closure statewide this year. Pictured: A Sears store slated for closing stands alongside a mall that is being torn down Saturday, July 8, 2017, in Overland Park, Kan.
Six Califormia Sears stores are among the 39 slated for closure statewide this year. Pictured: A Sears store slated for closing stands alongside a mall that is being torn down Saturday, July 8, 2017, in Overland Park, Kan. AP

Tuesday’s confirmation that the Sears anchor stores at Sunrise Mall in Citrus Heights and the Westfield Galleria at Roseville will be closed in July was yet another blow to Sacramento-area consumers who enjoy shopping at brick-and-mortar retail sites.

Others see it as an opportunity, at least over the short-term.

Howard Riefs, a spokesman for Illinois-based Sears Holdings Corp., noted that the affected “stores will remain open for customers in the meantime and will begin their liquidation sales by April 27.”

Retail experts said liquidation sales by major retailers tend to prompt significantly reduced prices on all manner of clothes, household staples and even major appliances. Some experts add that it sometimes pays to wait.

Jerry Robertson, a Texas-based store-closing consultant, recently told DealNews, the comparison shopping website, that the liquidation process has myriad variables: “Since there are different owners for each, there is no set of blueprints. I set most of the pricing to start at 13 percent and eventually it gets to 80 percent off.”

In the DealNews account, Robertson added: “I do bulk sales the last week to empty the store. Many owners donate the little that is left to a charity. Owners of multiple stores will transfer poor-selling merchandise before the sale starts from their other stores.”

In a separate Associated Press story that ran last month, Robertson also warned buyers to beware: “Not everything is a great deal. Just be careful of what you buy. Do your homework.”

ALSO

  • Awesome Video, 4524 Freeport Blvd., Sacramento: One of the last of the old-school video-rental stores announced its closing on April 8; it reopened April 15 to begin an open-ended inventory sale.
  • SmileDirectClub, 180 Promenade Circle, Suite 300, Sacramento: The Tennessee-based company recently opened its first Sacramento brick-and-mortar “SmileShop” at Interstate 80 and Truxel Road. The business digitally connects customers who are looking for a straighter smile with affiliated, licensed dentists and orthodontists.
  • The Cupola Spa & Salon, 7337 Murieta Drive, Rancho Murieta: The Murieta Inn & Spa announced the opening of the luxury spa on April 10. With four treatment rooms, it offers services to both men and women.
  • Food 4 Less, 4551 Mack Road, Sacramento: The new discount grocery store hosted grand-opening festivities on April 11.
  • PizzaRev, 5450 Sunrise Blvd., Citrus Heights: The Southern California-based provider of “build-your-own” pizzas fired in a 900-degree oven opened its latest local eatery on April 12.
  • Hop Gardens Taproom, 2904 Franklin Blvd., Sacramento: Plentiful brews and specialty pizza creations were featured on the menu at the April 12 opening.
  • Cornflower Creamery, 2600 21st St., Sacramento: The shop that briefly produced handcrafted, artisan ice cream treats on L Street in Sacramento through 2016 announced a comeback April 13 on Facebook. Its offerings can now be found at Buffalo Pizza & Ice Cream Co. on 21st Street.
  • Sprouts Farmers Market, 115 Ferrari Ranch Road, Lincoln: The Phoenix-based chain opened its newest Sacramento-area store on Wednesday.
  • Cream, 1600 Ethan Way, Suite 60, Sacramento: The shop loaded with eye-popping sweets hosted a soft opening on Friday, followed by a grand opening the next day in the Howe ’Bout Arden shopping complex.
  • Fusion Taps, 194 Blue Ravine Road, Suite 120, Folsom: The gastropub featuring brews, wine, and a fusion of American and Thai foods will host a soft opening from noon to 10 p.m. April 30, according to a Facebook post.
  • Fins Market & Grill, 2610 Fair Oaks Blvd., Sacramento: A note posted this month at the business entrance reported its closing and that its lease was up. A Roseville site at 8680 Sierra College Blvd. remains open.
  • Formoli’s Bistro, 3839 J St., Sacramento: Employees said that the Mediterranean-inspired New American eatery had closed after a lively going-away party on April 12.

Open & Shuttered, a rundown of recently opened and closed businesses in the Sacramento area, will appear periodically in The Bee’s Sunday Business section.

Mark Glover: 916-321-1184, @markhglover

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