ANCHORAGE (AP) -- Sears, Roebuck and Co. has bought the empty Wal-Mart building on the Parks Highway and will convert it into a Sears department store five times larger than its current Wasilla facility.
Unlike the current Sears, which carries only appliances and some home improvement and electronics goods, the new store will feature apparel, jewelry and a larger selection of appliances and electronics, spokeswoman Janice Drummond said Monday.
The 100,000-square-foot Sears store will be a boost to the Wasilla economy because it will employ about 100 people, or about 70 more than the old Sears, she said.
Wal-Mart closed the store last year and replaced it with a larger store directly across the highway.
The Chicago-based retailer plans to open in time for this year's holiday shopping season.
''Wasilla is a very busy area, and the residents have expressed a lot of interest for a larger store,'' Drummond said.
Wasilla's is one of 10 department stores nationwide Sears plans to open this year. Sears operates about 860 department stores and more than 2,100 speciality stores nationwide.
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