Insight Report 6 minutes PremiumWhich Retailers Would Gain from a Sears Closure? Coresight Research October 16, 2018 Executive SummarySears Holdings has filed for bankruptcy. In this report, we consider which major retailers could gain sales should all Sears department stores ultimately close. Walmart and Target would be in strong positions to pick up sales: Coresight Research’s consumer data shows high apparel cross-shopping rates at Walmart and Target among Sears shoppers, and over half of Sears stores have a Walmart or Target store nearby. Among the department stores, JCPenney looks best placed to capture shopper dollars in the event of a total Sears closure. JCPenney sees high rates of apparel cross-shopping with Sears, it registers the highest geographical overlap with Sears stores, and its position is bolstered by the recent strengthening of its appliances offering. Home Depot and Lowe’s would likely capture some share of appliance sales should Sears close down: 40% or more of Sears stores have such rivals within two miles. Warehouse clubs Costco and Sam’s Club see a much lower geographical overlap with Sears stores. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Hot Tech Trends and Cool Products Unveiled: CES 2025 Pre-Conference InsightsThree Data Points We’re Watching This Week, Week 13: Dollar Tree, Inc. To Sell Family Dollar4Q24 Retail Inventory Insights: Retailers Maintain Lean Inventories as Overall Inventory Ratio Remains UnchangedAnalyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John Harmon