Charlottesville Sears on track to close in late March

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CHARLOTTESVILLE, Va. (CBS19 NEWS) -- The Sears at Fashion Square Mall is among hundreds of locations closing for good.

A banner outside of the Charlottesville Sears reads, "Store Closing."

A store employee said they will close on or around March 24.

The store is already clearing out and many products, such as kitchen appliances and clothing, are on sale.

However, 425 other stores across the country will remain open for now.

On Tuesday, Sears planned to tell a bankruptcy court it was ready to liquidate, but its chairman asked the judge for more time to revise his buyout offer.

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