The Kmart in Des Plaines, Ill., will hold a grand-reopening this Saturday, replete with celebrity guest Scottie Pippin, the Chicago Bulls legend. Does the reset suggest a renewed investment in brick-and-mortar by Sears Holdings after years of neglect and store closures? Observers think not.
"The Kmart store in Des Plaines will have a grand reopening on Saturday. That's something shoppers don't often hear in association with parent company Sears Holdings Corp, based in Hoffman Estates. The long-struggling corporate retailer has been closing stores in recent years, including 78 Sears and Kmart stores this summer."