# Professor Herbert Kleinberger weighs in on the local impact resulting from the decline of Sears

1 Faculty News August 29, 2018 ![Axios logo 192 x 144](/sites/default/files/styles/246w/public/assets/images/axios192x144.jpg?itok=Bt8W0I5L)>

Excerpt from [Axios](https://www.axios.com/sears-department-store-closings-lampert-esl-1f8979b7-3595-49ac-97d9-c20b834b474f.html) -- "'In some towns, \[Sears is\] arguably the only viable department store ... In many malls, they are the anchors,' says Herb Kleinberger, a professor of retail at NYU's Stern."

[Read more](https://www.axios.com/sears-department-store-closings-lampert-esl-1f8979b7-3595-49ac-97d9-c20b834b474f.html)