Sears store at Cool Springs to close by end of year - WKRN News 2

Sears store at Cool Springs to close by end of year

Posted: Updated: July 2, 2013 10:01 PM
FRANKLIN, Tenn. -

Major changes are coming to Cool Springs Galleria in Williamson County.  

CBL & Associates Properties, Inc. announced Tuesday that they have acquired two Sears anchor locations, including the store at Cool Springs Galleria and a store in Lexington, Kentucky.

"The acquisition of these Sears stores will allow us to create substantial value at two of our most productive malls," President and Chief Executive Officer Stephen Lebovitz said in a release.  

He continued, "We have plans to redevelop and expand both buildings to create space for new high-end specialty stores and restaurants designed to augment each properties' market-dominant position and enhance their strong growth rates. Additional details on these exciting projects will be announced in the near future."

Sears will keep operating in both locations until closing dates have been finalized, which will be sometime before the end of the year.

The Chattanooga company is one of the largest and most active owners and developers of malls and shopping centers in the United States.

According to their Web site, CBL owns holds interests in or manages 158 properties, including 96 regional malls/open-air centers. The properties are located in 31 states.

Nashville's News 2 spoke with several loyal Sears' customers who had mixed emotions about the anchor store closing its Cools Springs location.

"Sears is kind of like a piece of America to me, so it's sad to see them keep replacing the things that worked," customer Gina Hill said.  

However some customers, such as Randy Knowles, offered neutral opinions on the closing of the store.

"Sears merchandise has been slipping for a while. Maybe the restaurants will be better," he said.

Late Tuesday, Sears released a statement regarding the store's closing, which read, in part, "As a part of the ordinary course of business we close stores for a variety of reasons. This store was sold to CBL & Associates Properties. The store closures are part of a series of actions we're taking to reduce on-going expenses, adjust our asset base and accelerate the transformation of our business model. These actions will better enable us to focus our investments on serving our customers and members through integrated retail – at the store, online and in the home."

A spokesperson for the store said all 92 associates at the Cool Springs location will have an opportunity to apply for positions at other Sears and Kmart stores.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Mom bites off dog's ear to save daughter during attack

    Mom bites off dog's ear to save daughter during attack

    Tuesday, April 22 2014 2:49 PM EDT2014-04-22 18:49:19 GMT
    Image from CNN/KHOU-TVImage from CNN/KHOU-TV
    In a backyard in Alvin, swings a very lucky girl. Her name is Mackenzi Plass, or Kenzi for short, and she survived a dog attack and has undergone several surgeries."She'll be two and a half in May," said her very proud mother Chelsi Camp. "She's doing great. You wouldn't know it if you couldn't see."Mackenzi has scars on her face after the ordeal just weeks ago that put her mother's animal instincts to the test."You do whatever you can," said Camp. "I don't have physical strength at my side."...More >>
    In a backyard in Alvin, swings a very lucky girl. Her name is Mackenzi Plass, or Kenzi for short, and she survived a dog attack and has undergone several surgeries."She'll be two and a half in May," said her very proud mother Chelsi Camp. "She's doing great. You wouldn't know it if you couldn't see."Mackenzi has scars on her face after the ordeal just weeks ago that put her mother's animal instincts to the test."You do whatever you can," said Camp. "I don't have physical strength at my side."...More >>
  • Baby found alive in trash can, SC woman charged

    Baby found alive in trash can, SC woman charged

    Tuesday, April 22 2014 7:35 AM EDT2014-04-22 11:35:31 GMT
    A Greenville woman is accused of attempted murder and willful neglect after police say she dumped her newborn son in a trash can moments after giving birth. The child is alive and stable at an area hospital. Reports show 28 year old Sharon Ferguson gave birth inside a vacant home on Chaney Street in the Nicholtown community. They say after, she wrapped the boy in a plastic bag and a blanket and placed him in the trash can near the back of the house. Police say she then walked to a Laurens Ro...More >>
    A Greenville woman is accused of attempted murder and willful neglect after police say she dumped her newborn son in a trash can moments after giving birth. The child is alive and stable at an area hospital. Reports show 28 year old Sharon Ferguson gave birth inside a vacant home on Chaney Street in the Nicholtown community. They say after, she wrapped the boy in a plastic bag and a blanket and placed him in the trash can near the back of the house. Police say she then walked to a Laurens Ro...More >>
  • $90K, 80lbs of pot found in Nashville man's home, storage unit

    $90K, 80lbs of pot found in Nashville man's home, storage unit

    Danny Hopkins, 54, was arrested after police found thousands of dollars in cash and marijuana stashed inside his car, east Nashville home, and west Nashville storage unit.

    More >>

    Danny Hopkins, 54, was arrested after police found thousands of dollars in cash and marijuana stashed inside his car, east Nashville home, and west Nashville storage unit.

    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKRN (Young Broadcasting station). All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.