Central Florida's last Kmart will close this spring

06 January, 2018, 02:00 | Author: Malcolm Fuller
  • Central Florida's last Kmart will close this spring

The closing store list includes 64 Kmart locations and 39 Sears locations, according to a Business Insider report.

Liquidation sales will begin as early as January 12, Sears officials said.

After this round of closures, Sears will have fewer than 940 stores.

Sears Holdings closed almost 400 Sears and Kmart locations in 2017, according to Business Insider.

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In North Carolina, no Sears stores are slated to close, but five Kmart stores will close in April.

Sears, once one of the country's most successful retailers, has struggled with the rise of e-commerce and some management missteps.

In November, Sears announced that the city's other Kmart, on Henderson Drive, would be closing this month. Macy's closed past year.

Sears declined to say how many employees would be affected by the closures, but noted that most of the jobs are part-time positions and eligible workers will receive severance.

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