Bronx’s longtime Sears store is no longer in fashion.
The one-time retail giant is closing its Fordham Road location, which has been selling everything from clothes to appliances to Bronxites since 1981.
The department store will begin its liquidation sale on Sept. 25 with plans to shutter by the end of November, officials said.
Its 91 employees eligible for severance will have the opportunity to apply for open positions at area Sears or Kmart stores, a Sears spokesman said.
“Store closures are part of a series of actions we’re taking to reduce ongoing expenses, adjust our asset base and accelerate the transformation of our business model,” the spokesman said in a statement.
In 2007, Sears reduced the size of its store at 400 E. Fordham Road after major renovations to the building opened doors for a Best Buy and a Walgreens.
The property, renamed Fordham Place, sold last year for 3.9 million to Retail Properties of America, a source said.The company will maintain its presence in the borough by keeping its auto repair center on Third Ave. open.
The beloved seven-story tower on Fordham Road was known as the “Sears Building” to locals because the company’s massive logo hovered above the roof for more than three decades.
“People love Sears and what they have to offer,” Fordham Road Business Improvement District executive director Wilma Alonso said. “People hate when anchor stores leave, but there are reasons other than that specific store is not doing well.”
Alonso hopes another national chain will take Sears’ space on the blossoming shopping corridor.
“This is an opportunity to redevelop,” Alonso said. “It’s sad they’re leaving, but it will be a positive thing in the long run.”