You would be shocked. Sears/KMart are notorious for hanging on to stores until the last possible moment they can. Or alternately, closing relatively well performing stores for rather dubious reasons.
Several places around the US, I have seen Sears and Penneys stores hanging on to the end of an otherwise dead mall.
If you look at the locations of dead malls, most of them are in areas that used to be middle class, but are now lower-middle, to lower class neighborhoods... Sears and Penny's target audience is the bargain shopper, and their store format does not lend well to non-mall situations. Every non-mall Sears/Pennys has several departments that are MUCH smaller than their mall counterparts, and I believe that might be the reason for sticking with a dead mall over opening a non-mall location.
Well, down here, another local case of a Sears hanging on in an otherwise dead mall [[although this one is only a strip mall)-the Lincoln Park store is a notable example.
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