Tittle : 63 Sears and Kmart Stores closing - Full List
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63 Sears and Kmart Stores closing - Full List
Troubled retailer Sears is closing more locations.Sears Holding Co. announced Thursday it will close 18 Sears stores and 45 Kmart locations. The announcement comes after a brutal year for Sears, which closed hundreds of Sears and Kmart locations in the past 12 months.
Employees were informed of the closures today. The stores are set to close in late January 2018 with clearance sales starting this week.
Two Alabama stores are on the closure list: Sears in Tuscaloosa and Kmart in Albertville. The Sears Auto Center in Tuscaloosa will close in early December. The store itself will close in January 2018.
The closures are an effort to "right size" its footprint, Sears said in a statement.
"In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members," the company said. "It's important to note that these stores will remain open to serve members during the holiday season."
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