Thursday, January 04, 2018

Sears Holding Corp, Closing 39 More Sears Stores

That announcement was made today. I fear for Peoria but I believe that at least another big box store will close this year. The announcement also stated that over 50 more K-Marts would be closed sometime between March and April of this year.

Back in 2009, a money magazine called Peoria one of the best places to launch a business. The magazine IB would like to make Peoria the best.. That is probably true but 8 years later we seem to be going in the opposite direction. Why? Was this a major failure of our elected officials to recognize priorities and foresee the future?  In my 3300 blogs I have often asked for elected officials and major movers and shakers to be sure of whether big money was being spent on the right priorities.

Sorry, but we have made major mistakes and the results are clear.

We have plenty of open space and vacant buildings. We don't need more.

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