Sears Gaithersburg closing to put 94 employees out of work

More details about the impact of the Sears store closing at Lakeforest Mall in Gaithersburg are becoming known. Sears has informed the Maryland Department of Labor that 94 employees will be fired when the store and its Auto Center close.

The holding company that now owns Sears is giving a specific date of December 1, 2019 for the closure. If that holds, it means the store would miss out on the bulk of the Christmas shopping season and revenue.

Maryland in general isn't looking as "open for business" as its governor has claimed. The Nestle-Dreyer's Ice Cream plant in Laurel, Maryland has informed the DOL that it plans to lay-off 69 workers on November 1. Nice Christmas presents for Maryland workers from Wall Street!