Sears and Kmart stores in danger

Sears and Kmart stores in danger

More Sears and Kmart stores are about to close. Here you will all the details about Sears and Kmart stores. Keep reading to find out all the news!

More Sears and Kmart stores are about to close. Here you will all the details about Sears and Kmart stores. Keep reading to find out all the news!

Nearly two years after Transformco acquired the struggling retailers out of bankruptcy, at least 13 Sears and seven Kmart stores are slated to close by mid-April. Liquidation sales are expected to end at a handful of additional stores by late February.

Nearly two years after Transformco acquired the struggling retailers out of bankruptcy

SB360 Capital Partners is managing the store closing sales, according to the liquidation firm’s website, which includes a list of 33 stores. Some stores on the list are already closed including the Sears in Pasadena, Texas.

A few stores announced their upcoming demise on their Facebook pages. So, More Sears and Kmart stores are set to close in the coming months.

“We were gearing up to bring you another season of Kmart fun, but unfortunately that was not in the cards for us this go around,” a closing store in Silver Spring, Maryland, posted on its Facebook page, saying it expected to close in mid-April.

“We were gearing up to bring you another season of Kmart fun, but unfortunately that was not in the cards for us this go around,”

The Kingston, Pennsylvania Kmart posted on Facebook Wednesday that it would start its liquidation sale Thursday after almost 47 years.

The company has not posted a list of store closures since November 2019 when it announced 96 stores would shutter by February 2020. At that time, the company said it would operate 182 stores after the closures.

There have been additional closings but no large announcements have been made since 2019. A recent Forbes article estimates there will be about 30 Kmart and 36 Sears stores left after the new closings.

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