Long-time anchor in Chautauqua Mall, Sears, among 142 stores closing nationwide...
The Chautauqua Mall in Lakewood will be losing a second anchor store with today's announcement that Sears Roebuck and Company has filed for Chapter 11 bankruptcy. Four Sears stores in New York state -- including the mall store -- will close by the end of the year. The Bon-Ton finally closed following a liquidation sale recently. However... according to a listing provided by Sears... the K-Mart Store in Fairmount Avenue in West Ellicott will remain open. Sears... which has been inundated by debt and falling in-store sales... says it will begin liquidation sales shortly. The Sears store in the mall was one of it's original anchor stores when the shopping center opened in the 1970s. We have a call into Chautauqua Mall management for confirmation and comment.