Jerry Nashel and Barbara Kilpatrick play backgammon at the Indian River Mall hoping to grow his group. Staff photo by: Keith Carson.
Backgammon players gathering at Indian River Mall
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Basketball-spinning, dunks and more as iconic Harlem Globetrotters visit SRHS
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INDIAN RIVER COUNTY — Struggling retail giant Sears will close more than 20 stores nationwide later this year including its location at the similarly faltering Indian River Mall. The retailer’s parent company announced Tuesday it will shutter 26 Sears and Kmart locations — including two in Florida — this fall after seeing experiencing “a number of challenges returning our stores to sustainable levels of productivity,” including a weak retail environment. Transform Holdco, the parent company controlled by Sears’ former CEO and largest shareholder, Edward Lampert and his hedge fund, wants to shift to smaller stores by opening more of the new appliance and mattress-focused Sears Home & Life stores that debuted in May and adding several hundred Sears Hometown stores ...