lakeelmoleader.com
lakeelmoleader.com January 20, 2018


Kmart to close 64 stores this spring, including one in Cabot

06 January 2018, 02:02 | Kara Nash

Commons The Kmart in Plattsburgh is closing in early April

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That will leave Sears with less than 940 operating locations.

Kmart in Mandeville will shut down in early April as part of countrywide closures by Sears Holdings Corp., company officials announced. Their parent company, Sears Holdings, hasn't turned a profit since 2010 and warned in 2017 there was "substantial doubt" that it will be able to stay in business. Liquidation sales in affected stores will begin this month.

The company also announced that 39 Sears stores will close.

Isaiah Thomas will make 2017-18 National Basketball Association season debut vs. Blazers
Thomas is set to debut on Tuesday night in Cleveland against the Blazers, and will be on a strict minutes restriction. Iman Shumpert , another player who was filling point guard minutes for Cleveland, has also been out.

Sears, once one of the country's most successful retailers, has struggled with the rise of e-commerce and some management missteps.

No stores in the Northern San Joaquin Valley or Tuolumne County are on the latest closure lists for Sears and Kmart.

It has closed more than 1,000 stores in the past few years, including Kmarts in Fayetteville and Goldsboro last year. "Eligible associates will receive severance and will have the opportunity to apply for open positions at area Sears or Kmart stores".



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