Wednesday, 2 March 2016

Sears Holdings Plans At Least 3 More Kmart Store Closures In May

After a tough year of losing half a billion dollars less than they did in 2014, Sears Holdings, parent company of Sears and Kmart, announced plans to close about 50 stores in the coming months. What the company no longer does is send out big announcements with lists of stores slated for closure, instead submitting local closings to local news outlets. That’s cool, but we’re a national news outlet that likes to pay attention to national trends, so we compiled a list for anyone who is interested.

The newest store closings that came out this week were:

Fall River, MA: 79 employees
Lancaster, OH: 78 employees
North Augusta, SC: 61 employees

The store in Fall River is part of a largely dead 45-year-old mall that the owners plan to gut and redevelop as a modern shopping center with ten movie theaters, stores, restaurants, and perhaps a gym. Back in November when the owners announced this plan, a Kmart spokesperson said that the company would like to stay part of the mall, but also that their lease would end in mid-2016, and they couldn’t speak to the mall owners’ plans. The store will begin liquidation next Thursday, March 10, and close sometime in May.

In Lancaster, shoppers interviewed by TV station WPRI were sad about the closing, yet also unsurprised. “I don’t know where people go to shop,” one shopper mused. They will also begin liquidation next Thursday and close in May.

The South Carolina store is also part of a mall that will be redeveloped: new tenants aren’t in place yet, but the 110,000 square foot Kmart will be replaced with maybe four or five other, smaller stores. It will also begin liquidation on March 10 and will close around May 22.

Last updated: March 2, 2016

State Town Closing Date Store type
AL Dothan March Kmart
AL Florence March Kmart
AL Prattville March Kmart
AZ Prescott Valley April Kmart
CA Anaheim March Kmart
CA Chula Vista April Kmart
CA Citrus Heights April Kmart
CA San Mateo April Sears
CO Brighton April Kmart
FL Lutz March Kmart
FL Daytona March Kmart
GA Carrolton April Kmart
GA Dublin April Kmart
GA Milledgeville April Kmart
GA Rome March Sears and Auto Center
HI Honolulu March Kmart
IA Ottumwa April Kmart
ID Pocatello April Kmart
IL Bradley  May Kmart
IL Canton April Kmart
IL Morton April Kmart
IN Terre Haute April Kmart
KS Topeka April Kmart
MA Fall River May Kmart
MI Fort Gratiot March Sears and Sears Auto
MI Ironwood April Kmart
MN Dundas April Kmart
MN Virginia April Kmart
NY Staten Island February Sears Auto Center
OH Canton April Kmart
OH Lancaster May Kmart
OH Steubenville April Kmart
OH Warren April Kmart
SC North Augusta May Kmart
SD Mitchell April Kmart
SD Pierre March Kmart
TN Cleveland March Kmart
UT Logan April Kmart
UT Richfield April Kmart
VA Cedar Bluff April Kmart
VA Covington March Kmart
VA Virginia Beach  April Kmart
VT South Burlington January Kmart
WI Superior  April Kmart

 


by Laura Northrup via Consumerist

No comments:

Post a Comment