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Sears Announces Another Round Of Store Closings - Twice

Sears Announces Another Round Of Store Closings

63 Sears and Kmart stores to shutter post-holiday
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Sears Holdings will shut another 63 stores in late January.

The latest round of closures targets 18 Sears and 45 Kmart locations across 27 states. Pennsylvania was hardest hit, with four Kmart and three Sears stores set to shutter after the holidays.

Liquidation sales are set to begin as early as Nov. 9, although all affected stores will remain open through the Christmas season.

The closures are the first announced for 2018, and follow the 332 stores that were closed or will be by the end of this year.

All told, the company has shuttered about 1,000 Sears and Kmart locations since 2010, leaving 1,250.

In a statement, Sears implied that the stores were unprofitable, and reiterated earlier pronouncements that it will “continue to right-size our store footprint in number and size” as it seeks an optimal balance between digital and physical retail assets.

The list of targeted stores is reprinted below.

In other Sears news, the ailing retail giant has borrowed another $60 million from chairman/CEO Edward S. Lampert’s self-titled hedge fund, ESL Investments, following a $40 million loan earlier this month, the Chicago Tribune reported. The pre-holiday cash infusion is on top of a separate $100 million in October borrowings from affiliates of ESL.

According to Business Insider, the hedge fund has loaned Sears roughly $2 billion over the past two years.

Kmart Store Closures, January 2018

Kmart 7200 US Highway 431 Albertville AL

Kmart 1214 E Florence Blvd Casa Grande AZ

Kmart 26996 US Hwy 19 N Clearwater FL

Kmart 6050 Highway 90 Milton FL

Kmart 901 Us 27 North Sebring FL

Kmart 156 Tom Hill Senior Blvd Macon GA

Kmart 144 Virginia Ave South Tifton GA

Kmart 1203 Cleveland Road Dalton GA

Kmart 3101 East 17Th Street Ammon ID

Kmart 1006 N Keller Drive Effingham IL

Kmart 2606 Zion Road Henderson KY

Kmart 230 L Roger Wells Blvd Glasgow KY

Kmart 501 Marsailles Road Versailles KY

Kmart 1300 UU Hwy 127 S Frankfort KY

Kmart 41601 Garfield Road Clinton Twp MI

Kmart 200 Capital Ave Sw Battle Creek MI

Kmart 2125 S Mission Street Mt Pleasant MI

Kmart 1547 Highway 59 South Thief River Falls MN

Kmart 2233 N Westwood Blvd Poplar Bluff MO

Kmart 16200 East US Hwy 24 Independence MO

Kmart 1400 S Limit Avenue Sedalia MO

Kmart 3901 Lemay Ferry Road St Louis MO

Kmart 1130 Henderson Drive Jacksonville NC

Kmart 1292 Indiana Avenue St. Marys OH

Kmart 14901 Lorain Avenue Cleveland OH

Kmart 2830 Navarre Road Oregon OH

Kmart 4475 Mahoning Ave Austintown OH

Kmart 1249 North High Street Hillsboro OH

Kmart 3382 Birney Plaza Moosic PA

Kmart 2830 Gracy Center Way Moon Township / Coraopolis PA

Kmart 3319 North Susquehanna Trail Shamokin Dam PA

Kmart 22631 Route 68 Clarion PA

Kmart 1815 6 Ave Se Aberdeen SD

Kmart 530 Donelson Pike Nashville TN

Kmart 560 South Jefferson Avenue Cookeville TN

Kmart 1806 N Jackson Street Tullahoma TN

Kmart 4520 W 7 Street Texarkana TX

Kmart 4715 Nine Mile Road Richmond VA

Kmart 300 Towne Centre Drive Abingdon VA

Kmart 3311 Riverside Drive Danville VA

Kmart 2315 Wards Road Lynchburg VA

Kmart 111 Division St North Stevens Point WI

Kmart 800 Grand Central Avenue Vienna WV

Kmart 1287 Winchester Avenue Martinsburg WV

Kmart 301 Beckley Plaza Beckley WV

Sears Store Closures, January 2018

Sears* 1701 Mcfarland Blvd E Tuscaloosa AL

Sears* 5111 Rogers Avenue Fort Smith AR

Sears* 4201 N Shiloh Drive Fayetteville AR

Sears* Fiesta Mall Mesa AZ

Sears* Greeley Mall Greeley CO

Sears* 8020 Mall Pkwy Lithonia GA

Sears* 1709 Baytree Road Valdosta GA

Sears* Berkshire Mall Lanesboro (Pittsfield) MA

Sears* 7885 Eastern Blvd Baltimore MD

Sears* 1200 Us Rt 22 Phillipsburg NJ

Sears 2999 E College Avenue State College PA

Sears* 300 Lycoming Mall Circle Pennsdale/Muncy PA

Sears* 2334 Oakland Ave Indiana PA

Sears 4000 Sunset Mall San Angelo TX

Sears* 4600 S Medford Dr Lufkin TX

Sears* 754 S State Street Salt Lake Cty UT

Sears* 114 Southpark Circle Colonial Hts VA

Sears 1400 Del Range Blvd Cheyenne WY

*The Sears Auto Center at this store will close in early December 2017. The store itself will close in late January 2018.

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