Sears Holdings is adding to its list of closing stores.
The retailer provided an updated list of stores slated to close, adding another 10 Kmart and Sears locations that will be impacted. The company, which owns both Kmart and Sears, told employees last week that one Kmart store and nine Sears stores will close in late September. Liquidation sales begin July 13.
» Will more stores close in 2018? No comeback for traditional retailers
No stores in Ohio were impacted by this round of closures. A total of 78 stores will close in September with the addition of the 10 stores. In late May, the retailer announced it had identified approximately 100 underperforming stores that could close in the next year. Two stores in Ohio — Lima and Strongsville — were on that list.
Sears once had a dominant presence in the Miami Valley. In 2017, the last Kmart in the region closed its doors — the Kmart store at 601 Woodman Drive was the last location in the area. Kmart also closed a store located at 4480 Indian Ripple Road in Beavercreek in July 2017.
» Sears CEO gives rare interview: ‘We’re fighting to survive’
There are still more than 50 Sears locations in Ohio, including several in the region. The new round of closures doesn’t come as a surprise, as Sears reported yet another disappointing quarterly earnings. Eddie Lampert, CEO and chairman of Sears Holding Corp., told Vanity Fair earlier this year that the retailer was “fighting to survive.”
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