43 more Sears and Kmart stores are closing

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43 more Sears and Kmart stores are closing
Image Credit: Flickr/Nicholas Eckhart
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Sears Holdings has announced that eight Sears and 35 Kmart stores are shutting down.

Before this latest news that came in a July 7 blog post, the struggling retailer had already closed about 250 unprofitable locations this year alone.

Read more: Millions of Amazon shoppers get early access to Prime Day deals

Dozens of additional Sears & Kmart stores closing

Chairman and CEO Eddie Lampert said the company is focused on its best-performing stores and returning to profitability.

“Changes in consumer behavior are driving our vision and actions, and we continue to transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members,” said Lampert. “This is part of a strategy both to address losses from unprofitable stores and to reduce the square footage of other stores because many of them are simply too big for our current needs.”

Liquidation sales at the closing stores begin as early as July 13. They will close their doors forever in early October.

Closing Kmart locations

  1. 104 Highway 31, North Athens, AL
  2. 635 Skyland Blvd, Tuscaloosa, AL
  3. 3340 E Andy Devine Ave, Kingman, AZ
  4. 2526 W Northern Avenue, Phoenix, AZ
  5. 4325 Broadway, Eureka, CA
  6. 7200 Arlington Avenue, Riverside, CA
  7. 12412 US 19, Hudson, FL
  8. 4717 South Florida Avenue, Lakeland, FL
  9. 20505 South Dixie Hwy, Miami, FL
  10. 8245 N Florida Ave, Tampa, FL
  11. 2500 Airport Thruway, Columbus, GA
  12. 1300 S Madison Avenue, Douglas, GA
  13. W-201 Neider Road, Coeur D’Alene, ID
  14. 2828 N Broadway, Anderson, IN
  15. 2520 Nicholasville Road, Lexington, KY
  16. 2760 Frederica Street, Owensboro, KY
  17. 140 Whalon Street, Fitchburg, MA
  18. 1277 Liberty Street, Springfield, MA
  19. 801 N Lincoln Road, Escanaba, MI
  20. 1290 N Monroe Street, Monroe, MI
  21. 1515 W Bell Street, Glendive, MT
  22. 1000 3Rd Street NW, Great Falls, MT
  23. 2975 E Sahara Blvd, Las Vegas, NV
  24. 200 S Washington St, Herkimer, NY
  25. 601 Woodman Dr, Dayton, OH
  26. 12501 Rockside Rd, Garfield Heights, OH
  27. 1801 W Alexis Road, Toledo, OH
  28. 501 S E Washington Blvd, Bartlesville, OK
  29. 2323-2327 N Harrison, Shawnee, OK
  30. 4401 Buffalo Road, Erie, PA
  31. 2011 Hoffmeyer Road, Florence, SC
  32. 732 Old Hickory Blvd, Jackson, TN
  33. 4670 S 900 East, Salt Lake City, UT
  34. 3533 Franklin Road S W, Roanoke, VA
  35. 2450 Foothill Blvd, Rock Springs, WY

Closing Sears locations

  1. 1607 36Th Street, Peru, IL
  2. 757 E Lewis & Clark Pkwy, Clarksville, IN
  3. 154 28B W Hively Ave, Elkhart, IN
  4. 120 Us Highway 41, Schererville, IN (closing in August)
  5. 2310 E Kansas Ave, Garden City, KS
  6. 6945 Us Route 322 Cranberry, PA
  7. 3060 Clarksville Street, Paris, TX
  8. 7630 Pershing Blvd, Kenosha, WI

Lampert added that the company is on track to achieve its $1.25 billion annualized cost savings target and continues to work to improve liquidity and reduce debt.

The executive said reduced support from some vendors has placed additional pressure on the business.

“I believe the changes we have made will begin to build more confidence in the future of Sears Holdings among our vendors so that they will increase their support and put us on a more level playing field with our competitors,” Lampert said. “While there is still work to do, we are determined to do what is necessary to remain a competitive retailer in a challenging environment.”

Sears Holdings certainly isn’t alone in its struggles. Major retailers have already closed more than 4,000 stores in 2017 as shoppers increasingly turn to online and off-price competitors.

Read more: Target discontinuing popular clothing brands

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Mike Timmermann About the author:
Michael Timmermann paid off his mortgage in two years. Now, he shares his money-saving tips on his blog, Save on Almost Everything.
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