Sears, Kmart to close 63 locations across US
In yet another blow to the retail industry, Sears Holdings (NASDAQ: SHLD) announced that it will close 45 Kmart stores and 18 Sears stores in late January 2018, with liquidation sales beginning as soon as Nov. 9.
Sears Holdings has been plagued with low profits, and the move follows the closing of about 250 stores already announced this year.
Meanwhile, Sears launched a “holiday blowout” sale at both chains that began Wednesday and will last until Nov. 25, a day after Black Friday.
The dark cloud over brick-and-mortar retailers is largely due to e-commerce giants like Amazon taking over the marketplace.
A look at the latest Sears and Kmart closures:
Alabama: Two locations Kmart - Albertville Sears - Tuscaloosa
Arkansas: Two locations Sears - Fort Smith Sears - Fayetteville
Arizona: Two locations Kmart - Casa Grande Sears - Mesa
Colorado: One location Sears - Greeley
Florida: Three locations Kmart - Clearwater, Milton, Sebring
Georgia: Five locations Kmart - Dalton, Macon, Tifton Sears - Lithonia, Valdosta
Idaho: One location Kmart - Ammon
Illinois: One location Kmart - Effingham
Kentucky: Four locations Kmart - Frankfort, Glasgow, Henderson, Versailles
Maryland: One location Sears - Baltimore
Massachusetts: One location Sears - Lanesboro (Pittsfield)
Michigan: Three locations Kmart - Battle Creek, Clinton Township, Mt Pleasant
Minnesota: One location Kmart - Thief River Falls
Missouri: Four locations Kmart - Independence, Poplar Bluff, Sedalia, St Louis
New Jersey: Sears - Phillipsburg
North Carolina: One location Kmart - Jacksonville
Ohio: Five locations Kmart - Austintown, Cleveland, Hillsboro, Oregon, St. Marys
Pennsylvania: Seven locations Kmart - Clarion, Moon Township / Coraopolis, Moosic, Shamokin Dam Sears - Indiana, Pennsdale/Muncy, State College
South Dakota: One location Kmart - Aberdeen
Tennessee: Three locations Kmart - Cookeville, Nashville, Tullahoma
Texas: Three locations Kmart - Texarkana Sears - Lufkin, San Angelo
Utah: One location Sears - Salt Lake City
Virginia: Five locations Kmart - Abingdon, Danville, Lynchburg, Richmond Sears - Colonial Hts
West Virginia: Three locations Kmart - Beckley, Martinsburg, Vienna
Wyoming: One location Sears - Cheyenne