Springboro and Eaton Kmart stores will close in July

Credit: DaytonDailyNews

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Springboro and Eaton Kmart stores will close in July

Credit: DaytonDailyNews

The Kmart store in Springboro will be among those Sears Holdings will close this summer, the company said Thursday.

In all, 68 Kmart and 10 Sears stores are slated to close this summer, the company said. The one at 625 W. Central Ave. is among them.

Also scheduled for closing: The Eaton Kmart store at 1705 N. Barron St.

Earlier this year, the company said it would accelerate the closing of a number of unprofitable stores, with the Englewood store being among those, the company said in April.

Thursday’s announcement follows a “comprehensive evaluation of the company’s store portfolio that took into account historical and recent store performance, and the timing of lease expirations,” Sears Holding said in a statement. “All of the Sears stores and nearly all of 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,” Edward Lampert, chairman and chief executive of Sears Holdings, said in the company’s statement. “We’re focusing on our best members, our best categories and our best stores as we work to accelerate our transformation.”

Also to be closed are Kmart stores in Ashtabula, Fremont, Lima and a Super K store in Lorain.

The closing Kmart and Sears stores will start their liquidation sales on May 12 and April 29, respectively. Most stores are expected to close by late July.

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