Liquidation sale of west-side Kmart store could start Friday

Liquidation sale of west-side Kmart store could start Friday

The Killeen Kmart store will be closing at the end of March, its parent company Sears said Wednesday.

No South Carolina stores had been listed among 30 Kmart stores and 16 Sears stores the company announced would close on December 27.

In its announcement, Sears Holdings said the decision to close stores is "a hard but necessary step" as the company implements actions to strengthen operations and fund its transformation.

The company said numerous stores have not been profitable for years, but kept them open to maintain local jobs and hope they would turn around.

Lampert stressed that the only way for the whole company to return to profitability will be for Sears to focus more on its better performing stores. All employees will be eligible for severance and can apply for open positions at other Sears or Kmart locations.

The corporation also plans to close Kmart stores in Concord, Goldsboro, Madison and Wilmington. Both have been redeveloped - one into a new retail shopping center called Bowman Place in Mount Pleasant and the other an auto center in West Ashley for Hendricks Automotive Group of Charlotte. No stores in Missouri were affected.

Lehigh Valley department stores have been spared in this week's anticipated wave of announcements about closures nationwide.




The liquidation sale begins Friday, Jan. 6.

Locally, the closures will affect three suburban stores in the Central Ohio region.

The announcements come as Sears disclosed that same-store sales at its chains declined between 12 percent and 13 percent in the first two months of the holiday quarter.

"I don't think Sears (closing) is the end of the mall", Nuttall said.

There are four Sears stores in Pennsylvania closing, but not in DuBois. The single remaining local Kmart store can be found on Stringtown Road in Grove City.

There were no Kmart stores listed on the company website within 100 miles of Killeen. After their closures, Sears Holdings will have about 800 Kmarts and 675 Sears.

"We were not aware that Kmart was closing in the near future", Mayor Terence Roberts said Wednesday night.

Related news:

Hot News

isis-killer-beheading-video-story-top Nasa spots two massive objects heading towards earth
Jan 06, 2017 - 01:00
According to EXPRESS , two objects are now hurtling towards Earth's orbit and will come to close to Earth in January and February. According to NASA, the object, about one kilometer across, appears to straddle the "blurry line between an asteroid and a comet".

Public health experts concerned over soaring flu cases
Jan 06, 2017 - 00:57
The brunt of flu season is nearly over, but you still might want to consider getting a vaccine. You can get your flu shot at the Fresno County Public Health Department.

isis-killer-beheading-video-story-top Grayson Allen back in lineup after one game suspension
Jan 05, 2017 - 10:48
ACC honor: Georgia Tech freshman Josh Okogie has been named the ACC Freshman of the Week for the second time this season. Allen responded to his reinstatement by scoring 15 points and handing out seven assists, one off his career high.

Sergio Aguero dropped by Pep Guardiola for Man City v Burnley
Jan 05, 2017 - 10:47
Pressed for an opinion on his side's perceived lack of discipline, the 45-year-old became increasingly agitated. Guardiola's stock has fallen at Manchester City with a string of erratic performances in recent weeks.