Friday, April 22, 2016

Sears Holdings Will Close Additional 68 Kmart Stores 10 Sears Stores

In their recent rounds of store closings, Sears Holdings tried something new: they announced them to the stores’ local news outlets, but didn’t release a nationwide list of stores slated to close. We started compiling our own list based on local news stories and reader tips at the beginning of this year. Late Thursday, Sears Holdings announced an additional 78 store closings, and saved us some work by putting out a national list. Scheduled to close in this round are 65 Kmarts, 3 Super K stores, and ten Sears stores.

Most of the stores listed will begin liquidation soon; Sears stores will start on April 29, and Kmart stores on May 12. A few, which we’ve noted, won’t close until September; those stores may begin their liquidation sales earlier.

Closing stores is a necessary thing when they’re underperforming, but Sears Chairman Eddie Lampert continues to cite the retail company’s planned “transformation” into a company with fewer retail stores across the country, brisk online sales, and a profit that comes from something other than selling its stores to an affiliated real estate investment trust.

“We’re focusing on our best members, our best categories and our best stores as we work to accelerate our transformation,” Lampert said in a statement along with the store closings press release. Closing their worst stores is a good start, as is renting out space that remaining stores don’t need, but Sears and Kmart to struggle with the idea of selling merchandise that customers are interested in, and being helpful when those customers show up in the store. We really are cheering for them to succeed, but are not hopeful.

State Town Store Type Closing
AL Birmingham Kmart Late July
AL Decatur Kmart Late July
AL Homewood Kmart Late July
AL Mobile Kmart Late July
AL Oxford Sears Late July
AR Little Rock Sears Late July
AZ Nogales Kmart Late July
CA Dinuba Kmart Late July
CA Lodi Kmart Late July
CA Tulare Kmart Late July
CA Wasco Kmart Late July
CT Putnam Kmart Late July
FL Jacksonville Kmart Late July
FL Jacksonville Sears Late July
FL Neptune Beach Kmart Late July
FL Perry Kmart Late July
IL Chicago (South Pulaski) Kmart Late July
IL Danville Kmart Late July
IL Galesburg Kmart Late July
IL Lansing Kmart Late July
IL Pekin Kmart Late July
IL Rock Island Kmart Late July
IN Bloomington Kmart Late July
IN New Albany Kmart Late July
KS Hutchinson Kmart Late July
KY Elizabethtown Kmart Late July
KY Louisville (Poplar Level Road) Kmart Late July
KY Louisville (Taylorsville Road) Kmart Late July
KY Maysville Kmart Late July
KY Paintsville Kmart Late July
LA Houma Sears Late July
LA Pineville Kmart Late July
MA Tewksbury Kmart Late July
MI Houghton Lake Kmart Late July
MI Midland Sears Late July
MI Taylor Super K Mid-September
MO Bridgeton Kmart Late July
MO Springfield Kmart Late July
MS Corinth Kmart Late July
MT Billings Kmart Late July
NC Brevard Kmart Late July
NC Gastonia Kmart Late July
NC Lumberton Kmart Late July
NC Pineville Kmart Late July
NC Rocky Mount Kmart Late July
NE Hastings Kmart Late July
NY Irondequoit Sears Late July
NY Plattsburgh Sears Late July
NY Poughkeepsie Kmart Late July
NY Rochester Kmart Late July
OH Ashtabula Super K Late July
OH Eaton Kmart Late July
OH Fremont Kmart Late July
OH Lima Kmart Late July
OH Lorain Super K Mid-September
OH Marion Sears Late July
OH Springboro Kmart Late July
PA Beaver Falls Kmart Late July
PA Butler Sears Late July
PA New Castle Sears Late July
PA Philadelphia (Frankford Ave) Kmart Late July
PA Pittsburgh (McIntyre Square Dr) Kmart Late July
PA Reading Kmart Late July
PA Uniontown Kmart Late July
SC Camden Kmart Late July
SD Huron Kmart Late July
SD Yankton Kmart Late July
TN Athens Kmart Late July
TN Maryville Kmart Late July
TN Sweetwater Kmart Late July
TX El Paso Kmart Late July
TX Mission Kmart Late July
TX Sweetwater Kmart Late July
UT Draper Kmart Late July
UT Price Kmart Late July
UT West Jordan Kmart Late July
WI Hartford Kmart Late July

 


by Laura Northrup via Consumerist

No comments:

Post a Comment