Sears to close 68 Kmart, 10 Sears stores, including 7 in Ohio

FILE- In this Dec. 27, 2011, file photo, pedestrians pass a Kmart location in New York. Sears Holdings Corp. is announcing Thursday, April 21, 2016, that it will close 68 Kmart stores and 10 Sears stores as it struggles to restore profitability. (AP Photo/Frank Franklin II, File)

NEW YORK (AP) — Sears Holdings Corp. will close another 78 stores —68 Kmart units, and 10 Sears stores — as it looks to restore profitability.

That accounts for about 5 percent of its store base, which is nearly 1,700 stores.

The ailing company, based in Hoffman Estates, Illinois, had said in February that it would accelerate the closing of unprofitable stores following a “challenging” holiday season. The move announced Thursday is expected to generate a “meaningful level” of cash from the liquidation of store inventories and from the sale or sublease of some of the related real estate, it said Thursday.

All 10 Sears stores and nearly all the Kmart stores will close in late July. Two Kmart stores will close in mid-September.

“The decision to close stores is a difficult but necessary step as we take aggressive actions to strengthen our company, fund our transformation and restore Sears Holdings to profitability,” said Edward S. Lampert, chairman and CEO of Sears Holdings in a statement. “We’re focusing on our best members, our best categories, and our best stores as we work to accelerate our transformation.”

The closings follow a comprehensive review of the company’s locations that took into account store performance and the timing of lease expirations.

Sears Holdings has struggled for years with weakening sales, unable to keep up with companies that sell appliances, like Home Depot, or general merchandise, like Wal-Mart, or everything, as is the case with Amazon.com. The company has been selling assets to raise cash. In 2011, it operated 4,000 stores. Sears is also shifting away from its focus on running a store network into a member-focused business. Loyal shoppers receive incentives to buy. But those moves haven’t gained much traction with shoppers.

In the fourth quarter, which includes the holiday shopping season, revenue at stores opened at least a year fell 6.9 percent at Sears, and 7.2 percent at Kmart. That’s a key indicator of a retailer’s health because it excludes the volatility from stores that recently opened or closed. The company saw its fourth-quarter loss widen to $580 million, from a $159 million loss a year ago.

Sears declined to say how many workers will be affected from the store closures, but it said that an overwhelming majority of the jobs are part-time positions. Eligible associates will receive severance and will have the chance to apply for open positions at area Sears or Kmart stores.

FORMAT

STREET ADDRESS

CITY

STATE

Kmart

5980 Chalkville Mountain

Birmingham

AL

Kmart

1101 Beltline Road

Decatur

AL

Kmart

230 Green Springs Hwy

Homewood

AL

Kmart

450 Z Schillingers Road

Mobile

AL

Kmart

300 West Mariposa Road

Nogales

AZ

Kmart

2270 East El Monte Way

Dinuba

CA

Kmart

520 S Cherokee Lane

Lodi

CA

Kmart

1475 Hillman Street

Tulare

CA

Kmart

2785 Highway 46

Wasco

CA

Kmart

44 Providence Pike

Putnam

CT

Kmart

9600 San Jose Blvd

Jacksonville

FL

Kmart

500 Atlantic Blvd

Neptune Beach

FL

Kmart

1809 Byron Butler Parkway

Perry

FL

Kmart

7050 S Pulaski

Chicago

IL

Kmart

2721 N Vermillion Street

Danville

IL

Kmart

1150 W Carl Sandburg Dr

Galesburg

IL

Kmart

17355 Torrence Ave

Lansing

IL

Kmart

2909 Court St

Pekin

IL

Kmart

3840 46th Ave

Rock Island

IL

Kmart

3216 E Third Street

Bloomington

IN

Kmart

3525 Grantline Rd

New Albany

IN

Kmart

1320 E 30th Ave

Hutchinson

KS

Kmart

1809 N Dixie Hwy

Elizabethtown

KY

Kmart

4025 Poplar Level Rd

Louisville

KY

Kmart

3911 Taylorsville Rd

Louisville

KY

Kmart

1581 US 68 South

Maysville

KY

Kmart

344 North Mayo Trail

Paintsville

KY

Kmart

2985 Cottingham Expwy

Pineville

LA

Kmart

10 Main Street

Tewksbury

MA

Kmart

8171 W Houghton Lake Dr

Houghton Lake

MI

Super K*

21111 Van Born Rd

Taylor

MI

Kmart

11978 St Charles Rock Rd

Bridgeton

MO

Kmart

1930 E Kearney Street

Springfield

MO

Kmart

118 Highway 72 West

Corinth

MS

Kmart

2424 Central Ave

Billings

MT

Kmart

804 N Broad Street

Brevard

NC

Kmart

3580 East Franklin

Gastonia

NC

Kmart

2750 Roberts Avenue

Lumberton

NC

Kmart

10500 Centrum Parkway

Pineville

NC

Kmart

720 Sutter Creek Blvd

Rocky Mount

NC

Kmart

3001 West 12th

Hastings

NE

Kmart

838 South Road

Poughkeepsie

NY

Kmart

3049 W Ridge Rd

Rochester

NY

Super K

3315 N Ridge E

Ashtabula

OH

Kmart

1705 North Barron Street

Eaton

OH

Kmart

1825 North State Route 19

Fremont

OH

Kmart

2250 Harding Hwy

Lima

OH

Super K*

5350 Leavitt Road

Lorain

OH

Kmart

625 West Central Avenue

Springboro

OH

Kmart

2660 Constitution Blvd

Beaver Falls

PA

Kmart

8800 Frankford Ave

Philadelphia

PA

Kmart

3000 McIntyre Square Dr

Pittsburgh

PA

Kmart

1775 S Braddock Avenue

Pittsburgh

PA

Kmart

3045 Fifth Street Hwy

Reading

PA

Kmart

99 Matthews Drive

Uniontown

PA

Kmart

2209 West Dekalb

Camden

SC

Kmart

1000 18th St SW

Huron

SD

Kmart

2210 Broadway Avenue

Yankton

SD

Kmart

1802 Decatur Pike

Athens

TN

Kmart

945 McCammon Ave

Maryville

TN

Kmart

902 S Main Street

Sweetwater

TN

Kmart

11330 Montwood Dr

El Paso

TX

Kmart

1405 East Expressway 83

Mission

TX

Kmart

210 SE Georgia Ave

Sweetwater

TX

Kmart

1055 East Draper Pkwy

Draper

UT

Kmart

610 West Price River Dr

Price

UT

Kmart

1442 W 90th South

West Jordan

UT

Kmart

1275 Bell Avenue

Hartford

WI

Sears

700 Quintard Dr

Oxford

AL

Sears

600 S University Ave

Little Rock

AR

Sears

9501 Arlington Expy

Jacksonville

FL

Sears

5953 W Park Ave

Houma

LA

Sears

6810 Eastman Ave

Midland

MI

Sears

200 Medley Centre Parkway

Irondequoit

NY

Sears

60 Smithfield Blvd

Plattsburgh

NY

Sears

1377 Marion Waldo Rd

Marion

OH

Sears

101 Clearview Cir

Butler

PA

Sears

2500 W State St

New Castle

PA

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