Red Oak K-Mart on latest list of Sears cutbacks

06 January, 2018, 02:44 | Author: Kristine Mills
  • Kmart Rutland

An additional 103 Sears and KMart stores will close in the next several months, Sears Holdings announced Thursday.

Closeout sales are expected to begin next week with all of the affected locations shuttered by May. In a statement released yesterday, Sears Holdings announced that they will be closing 39 Sears stores and 64 Kmart stores throughout the USA, beginning this month. There were 3,510 six years ago, according to BI.

PLATTSBURGH | The Kmart on Center Drive in Plattsburgh is among the stores marked for closure by the retail chain.

Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size.

Soucy De Poy Terenzini

The company also announced that 39 Sears stores will close.

The decision leaves the Bangor Mall with two anchor stores; JC Penney and Dick's Sporting Goods.

It has closed more than 1,000 stores in the past few years, including Kmarts in Fayetteville and Goldsboro last year.

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