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Sears shuttering Park Place store after 57 years

Formerly a flagship of U.S. retailers, and now a flagging chain, Sears has been closing hundreds of its stores — including its eponymous department stores and Kmart sites. Among them will be the location at Park Place Mall in Tucson, which is set to close this summer.

That store has been open since 1961. Sears, founded in 1892 in Minnesota, is also closing its last store in Chicago, the city from where the catalog and retail company grew to dominate generations of sales of everything from tools to clothing to entire houses. The company's headquarters in the Windy City, then known as the Sears Tower, was the tallest building in the world when it opened in 1973.

The store in Tucson will close in mid-July, company officials said. Close-out sales will begin next week. The company didn't provide information on the number of employees who would lose their jobs.

In 2016, the company that owns the Park Place site — Seritage Growth Properties, which bought the properties of more than 200 Sears and Kmart store locations the year before — tried to rent out half the store on the Broadway-facing side. But that 100,000-plus square feet was not rented by another tenant.

The future of other Sears and Kmart locations in Tucson is unclear. The company closed about 100 stores across the country last year, with another 60 on the closing list already in 2018.

The site of the store and the Sears Auto Center at Park Place are up for lease. Other Sears locations in Sierra Vista, Phoenix, Mesa and throughout the state are also listed for lease.

Sears — whose catalogs were once ubiquitous fixtures in American homes — has been hit hard over the past decade by competition from online sellers such as Amazon and cut-rate big-boxes like Walmart. The company, which merged with Kmart in 2005, sold off its iconic Craftsman brand to Black & Decker last year.

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The classic Sears logo, in use from 1966 to 1984.