Interestingly, some Sears stores will survive even if it’s a total liquidation. For example, this article from the East Idaho News notes that a couple of Sears Hometown stores are still doing well:

After reports of Sears Holdings Corporation going bankrupt and last week’s announcement of 80 more stores closing nationwide, the manager of Sears Hometown Store in Rexburg says his store is going strong and will remain open.

“We’re here and we’re not going anywhere,” Rexburg store manager Ron Hunter tells eastidahonews.com.

Hunter says sales of all the major appliances are going well and he is planning for that to continue. He’s also looking to expand this summer by offering lawnmower and snowblower repair services.

A second store in Pocatello will remain open as well.

Sears Hometown Store is a locally-owned franchise operated by Sears Hometown and Outlet Stores, Inc. and is separate from Sears Holdings Corporation. That’s why these smaller stores are not impacted by the bankruptcy proceedings.

“It remains business as usual at all of our locations, which include more than 700 retail stores across the nation,” according to a company statement.

Sears Hometown and Outlet Stores, Inc. separated from Sears Holdings in 2012.

eastidahonews.com

So there will still be a Sears - but it’ll be a very different Sears than what all of us here are used to.