Monday, 13 July, 2020

Report Says Dalton Sears, Fort Oglethorpe Kmart On Closing List

Report Says Dalton Sears, Fort Oglethorpe Kmart On Closing List Report Says Dalton Sears, Fort Oglethorpe Kmart On Closing List
Debra Rodriguez | 08 June, 2017, 02:06

The Chico store was the only California location on the Sears list.

(SHLD) will close an additional 72 stores as part of its efforts to bring its Sears and Kmart stores back to profitability, Business Insider reported Tuesday.

The Iowa City and Marshalltown Kmarts were the only Iowa stores on the new list.

Eligible Kmart employees will receive severance pay and be able to apply to work at other store locations.

"We are obviously disappointed with the announcement that our Marshalltown Kmart will be closing on September 3", said Marshalltown Regional Partnership CEO David Barajas.

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Two other Kmart stores in Wisconsin in Medford and West Allis will also close.

The parent company of Sears and Kmart has reportedly chose to shut down 72 more stores this year.

The Kmart location on S.R. 14 joins the growing list of large retail space in the city. Sears did not immediately respond to a request for comment. MI closings this year affected 11 Kmarts and one Sears store. Revenue for the retailer was down by about a billion dollars in the first quarter of this year. The only Sears Auto Center facing closure in the Southeast is in Columbia.

"We can confirm that we are making the hard, but necessary decision to close this Kmart store".

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