It doesn't seem to be getting better for Kmart. Sears Holdings, the company that owns both Kmart and Sears, has announced that another 28 stores will close by the end of 2017.
After reporting a $251 million second-quarter loss — which Delish says is most likely due to competition from online giants like Amazon — the company looks to slash about $1 billion in costs by getting rid of their stores.
According to Business Insider, all but one of the 28 stores will be closed by mid-November. So if your store is on the list, be sure to stop in and snag some liquidation deals.
These are the stores that are scheduled to be closed:
— 1445 S Power Road, Mesa, AZ
— 23222 W Valencia Blvs, Valencia, CA
— 10500 Wichlow Way, Jackson/Martell, CA
— 10400 Rosecrans, Bellflower, CA
— 12928 Main Street, Hesperia, CA
— 15200 E Colfax Avenue, Aurora, CO
— 200 W Belleview, Englewood, CO
— 100 Main Street North, Southbury, CT
— 900 N Miami Beach Blvd, North Miami Beach, FL
— 5590 Mableton Pkwy, Mableton, GA
— 4101 W 95th St., Oaklawn, IL
— 7230 Westfield Plaza Dr, Belleville, IL
— 265 S Illinois Rte 83, Elmhurst, IL
— 1740 Sw Wanamaker Road, Topeka, KS
— 7601 23 Mile Road, Utica/Shelby Township, MI
— 4001 N Euclid Avenue, Bay City, MI
— 545 West Sanilac, Sandusky, MI
— 401 Route 38, Moorestown, NJ
— 808 Route 46, Parsippany, NJ
— 810 Paul Road, Rochester (Chili), NY
— 10 Cobblestone Court Drive, Victor, NY
— 374 Windsor Hwy, Rte 32, Vails Gate (New Windsor), NY
— 2600 Lincoln Way E, Massillon, OH
— 2470 Mission SE, Salem, OR
— 2620 Moreland Road, Willow Grove, PA
— 4701 Tilghman Street, Allentown, PA
— 296 Garfield Ave, Cranston, RI
— 1610 Church St, Conway, SC
In January of this year, Sears Holdings announced it would close 150 Kmart and Sears stores, so this latest news comes after the company already went through a massive shuttering of its branches. While store closings always come with massive sales to the consumers, the sad part is that they usually mean lost jobs. There's been no word yet on whether Sears Holdings will transfer these employees.