According to a list compiled by USA TODAY, the Augusta Mall Sears store will close once in the next two months. Transformco, which acquired Sears and Kmart from bankruptcy in February 2019, announced in November that it will operate 182 stores after closing 96 stores that are expected to close.
Sears stores are closing
- Arkansas. North Little Rock: 3930, boul. McCain.
- Arizona. Prescott: 3400, boul.
- California. Buena Park: 8150 Avenue La Palma.
- Florida. Fort Myers: 4125 Cleveland Avenue.
- Georgia. Douglasville: 6580, boul. Douglas
- Illinois. Peoria: 2200 W War Memorial Drive.
- Maryland. Cumberland: 1262 Vocke Road.
DOUGLASVILLE, GA - Transformco, the parent company of Sears and Kmart, announced Thursday that it plans to close an additional 96 stores until February, one of which appears to be in Georgia. The latest closure is expected to close 51 Sears stores and 45 Kmart stores nationwide.
No other Georgia Kmart store will close during this closing period, but it is a Sears store that the company will close. The Sears store is located at 6850, Boul. Douglasville’s Douglas will close next year. Nearly 100 Sears and Kmart stores will close in late February.
The company confirmed some closures to local media. Sears and Kmart have closed more than 3,500 stores and cut about 250,000 jobs over the past 15 years. Maryland
- Annapolis Sears: 1040 Annapolis Mall. Mid-April.
- Baltimore Sears: 8200 Perry Hall Boulevard. Mid-April.
- Waldorf Sears: 11170 Mall Circle. Mid-April.
Macy’s will close 30 stores in early 2020. In 2016, Macy’s announced the closure of 100 stores after reporting a decline in sales in six years. It has since closed those places when the leases expire.
Starting in February 2020, an additional 51 Sears and 45 Kmart locations will be closed in the latest closing round. After the recently announced closures have been completed, 182 stores are expected to remain for the time being.
Forever 21 is expected to close up to 111 stores in the United States, according to court documents filed Tuesday after the fast fashion retailer filed for Chapter 11 bankruptcy in September.
Will Kmart Closures
Sears closes 96 stores and only 182 stores remain in the United States. Here is the complete list of who closes. Sears will close an additional 96 Sears and Kmart stores in the United States in February, a press release from the dealership’s parent company said Thursday. Closures include 51 Sears stores and 45 Kmart stores.
The company attributes the closures to a generally weak retail environment. He also attributed some of the company’s problems to the ongoing litigation with Sears Holdings, the company’s remaining bankruptcy, which was owned by Sears and Kmart.
Sears has been a flagship store at Arbor Place Mall for 20 years since the malls opened in 1999. Following the agreement, the Sears stores in Kennesaw and Augusta will remain the only remaining Sears store in Georgia. In August, Transformco announced the closure of its Sears store in Athens by the end of this year.
One of the places planned for closure is the location of the Arbor Place shopping center in Douglasville. The company, which has closed 3 of its 15 stores in Georgia, announced in a press release Monday that it had voluntarily filed a Chapter 11 bankruptcy protection claim with a federal bankruptcy court in Delaware.
Sears and Kmart will close other stores in late 2019 and early 2020. Sears and Kmart closures are expected to last until early 2020. While more than 100 Sears and Kmart stores will close in the coming months, more closures will be extended to January.
But in March 2017, Macy’s Department Store, one of Georgia Square Mall’s first four flagship stores, closed to the public after 35 years.
ATHENS, GA - According to the company, the Sears store in Georgia Square Mall will close in late October. The Sears Auto Center on the Georgia Square Mall will close in late August. The liquidation sale will begin around August 15, according to Transform, the company that acquired Sears Holding Corporation.
Basically it’s just that Kmart goes bankrupt because the prices are too high and fewer people are shopping. Kmart cannot afford to cut prices so they have no choice but to close the stores that I think are now under 300 for 2019.