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Sears Closing 50 Stores – Mostly Kmarts

June 7, 2018

 

 

The number of Sears store closings has grown by 150 locations, and the company announced plans to sell the Craftsman brand as the company seeks a turnaround.

The store closings include 108 Kmart locations, according to USA Today.

The company also said Thursday that it had reached an agreement with Stanley Black & Decker to sell its Craftsman tools brand, with hopes to increase its cash flow. The deal is said to be worth some $900 million, including future royalty payments.

“This transaction represents a significant step in our ongoing transformation to a membership focused business model,” Sears CEO and Chairman Edward Lampert said in a statement, according to USA Today. “Craftsman has a storied history as an iconic American brand and in Stanley Black & Decker we have found a great owner that is committed to expanding Craftsman and helping it to reach its potential outside of its current channels.”

“We intend to invest in the brand and rapidly increase sales through these new channels, including retail, industrial, mobile and online,” said Stanley Black & Decker Chief Executive James Loree, according to the Wall Street Journal.

The closures are expected to be final by April, according to the Business Insider.

 

 

 

That makes up some 10 percent of Sears’ store base.

At the end of December, nearly 50 store closures were announced to the company’s employees, who learned about the additional closures on Wednesday.

This new round of closures brings the total number to more than 200 for this fiscal year, bringing the retailer to about 1,500 stores, a drop of about 60 percent from 2011, when the company had about 3,500 stores

Below is a full updated list of the proposed store closings, per USA Today. Those with asterisks are locations where Sears Auto Center will be closed.

Alabama

  • Kmart 300 Highway 78 E, Jasper AL

  • Kmart 2003 US Hwy 280 Bypass, Phenix City AL

  • Sears* 301 Cox Creek Pkwy, Florence AL

Arkansas

  • Sears 1901 S Caraway Road Jonesboro AR

California

  • Kmart 3600 Wilson Road, Bakersfield CA

  • Kmart 25 West Polk Street, Coalinga CA

  • Kmart 333 Sierra Street, Kingsburg CA

  • Kmart 3001 Iowa Avenue, Riverside CA

Colorado

  • Kmart: 363 S Broadway, Denver CO

  • Kmart: 2809 North Ave, Grand Junction CO

Connecticut

  • Kmart 45 Shunpike Road, Cromwell CT (set to close mid-March)

  • Sears 90 Elm St; Enfield Sq, Enfield CT

Florida

  • Kmart 501 N Beneva Road, Sarasota FL

  • Kmart 1801 Northwest Hwy 19, Crystal River FL

  • Kmart 15271 Mcgregor Blvd, Fort Myers FL

  • Kmart 2111 S Federal Hwy, Fort Pierce FL

  • Kmart 1501 Normandy Village, Jacksonville FL

  • Kmart 2211 W Irlo Bronson Hwy, Kissimmee FL

  • Kmart 19400 Cochran Blvd, Port Charlotte FL

  • Kmart 4955 Golden Gate Parkway, Naples FL

  • Kmart 111 Town & Country Drive, Palatka FL

  • Sears* 301 Eagle Ridge Dr, Lake Wales FL

Georgia

  • Kmart: 3200 Macon Road, Columbus GA

  • Kmart: 365 Habersham Village Circle, Cornelia GA

  • Kmart: 1601 Highway 40 East, Kingsland GA

  • Kmart 33 W Montgomery Cross Road Savannah GA

  • Sears* Albany Mall Albany GA

  • Sears 5555 Whittlesey Blvd Columbus GA

Hawaii

  • Kmart 4561 Salt Lake Blvd Halawa / Honolullu HI

Idaho

  • Kmart: 2600 Dodge Street, Dubuque IA

  • Kmart: 5700 Gordon Drive, Sioux City IA

  • Kmart: 3810 University Avenue, Waterloo IA

Illinois

  • Kmart 2851 Belt Line Parkway Alton IL

  • Kmart 3655 Nameoki Road Granite City IL

Indiana

  • Kmart 750 Indian Boundary Road Chesterton IN

  • Kmart 1460 West State Road 2 La Porte IN

  • Sears 1235 S Reed Road Kokomo 

  • Kmart 4820 S 4th St Trafficway Leavenworth KS

  • Kmart 4200 W Kellogg Dr Wichita KS

  • Sears 2259 S 9th St Salina KS

Kentucky

  • Kmart 191 Outer Loop Road Louisville KY

  • Kmart 2945 Scottsville Road Bowling Green KY

  • Kmart 14662 N US Highway 25 East Corbin KY

  • Kmart 1501 Paris Pike Georgetown KY

  • Kmart 3010 Fort Campbell Blvd Hopkinsville KY

  • Kmart 1710 West Highway 192 London KY

  • Kmart 2815 West Parrish Avenue Owensboro KY

  • Sears* 5101 Hinkleville Road Paducah KY

Louisiana

  • Kmart 115 South Airline Hwy Gonzales LA

  • Kmart 1400 S Clearview Parkway New Orleans LA

  • Sears* 9001 Cortana Mall Baton Rouge / Cortana LA

  • Sears* 197 Westbank Expressway Gretna LA

Massachusetts

  • Kmart 9 Plaza Way Fairhaven MA

  • Kmart 1130 Newport Avenue South Attleboro MA

  • Sears* 262 Swansea Mall Drive Swansea MA

Maryland

  • Kmart 222 N Point Blvd Baltimore MD

Maine

  • Kmart 688 Hogan Road Bangor ME

  • Sears* 10 Whitten Road Augusta ME

Michigan

  • Kmart 29600 Ford Road Garden City MI

  • Kmart 3555 O'Neill Drive Jackson MI

  • Kmart 1396 South Main Street Adrian MI

  • Kmart 5400 S Cedar Street Lansing MI

  • Kmart 1501 E Apple Ave Muskegon MI

  • Kmart 40855 Ann Arbor Road Plymouth MI

  • Kmart 17580 Frazho Road Roseville MI

  • Kmart 3541 Highland Road Waterford MI

  • Kmart 165 Wayne Road Westland MI

  • Kmart 6455 US 31 N Acme Township MI

  • Sears* 3099 28th St SE Grand Rapids MI

Minnesota

  • Kmart 1305 Highway 10 West Detroit Lakes MN

  • Sears* 12737 Riverdale Blvd NW Coon Rapids MN

  • Sears* 1850 Adams St Mankato MN

Missouri

 

 

 

  • Kmart 1477 State Highway 248 Branson MO

  • Kmart 2304 Missouri Blvd Jefferson City MO

  • Kmart 1003 S Bishop Ave Rolla MO

  • Kmart 3101 S Glenstone Ave Springfield MO

  • Kmart 6650 Manchester Ave St Louis MO

  • Sears* 3600 Country Club Dr Jefferson Cty MO

  • Sears 3702 Frederick Ave Saint Joseph MO

  • New York

  • Kmart 4645 Commercial Drive New Hartford NY

  • Sears* 1261 Niagara Falls Blvd Amherst NY

  • Sears* 2000 Walden Ave Cheektowaga NY

  • Sears* 1 N Galleria Dr Middletown NY

  • Sears 9605 Queens Blvd Rego Park NY

North Carolina

  • Kmart 545 US Hwy 29 North Concord NC

  • Kmart 1931 Skibo Road Fayetteville NC

  • Kmart 201 N Berkeley Blvd Goldsboro NC

  • Kmart 102 New Market Madison NC

  • Kmart 815 S College Road Wilmington NC

North Dakota

  • Sears* 3902 13th Ave South Fargo ND

New Jersey

  • Kmart 1468 Clementon Road Clementon NJ

  • Kmart 645 Highway 18 East Brunswick NJ

  • Kmart 800 Black Horse Pike Pleasantville NJ

  • Kmart Rte 9 & Rte 47 Rio Grande NJ

New Mexico

  • Sears 1000 S Main St Roswell NM

Nevada

  • Kmart 10405 S Eastern Ave Henderson NV

Ohio

  • Kmart 1500 Coshocton Ave Mount Vernon OH

  • Kmart 185 Upper River Road Gallipolis OH

  • Kmart 1005 East Columbus St Kenton OH

  • Kmart 225 West Avenue New Boston OH

  • Kmart 1284 Brice Road Reynoldsburg OH

  • Kmart I-70 & Mall Road St. Clairsville OH

  • Kmart 3515 N Maple Avenue Zanesville OH

  • Sears* 2000 Brittain Road Akron OH

  • Sears* 1075 N Bridge St Chillicothe OH

  • Sears* 1701 River Valley Circle S Lancaster OH

  • Sears* Richmond Mall Richmond Hts OH

Oklahoma

  • Kmart 4 East Shawnee St Muskogee OK

  • Sears 428 SW C Ave Lawton OK

  • Sears 1901 S Yale Ave Tulsa OK

Pennsylvania

  • Kmart 5820 Shaffer Road Dubois PA

  • Kmart 1320 E Grandview Blvd Erie PA

  • Kmart 1890 Fruitville Pike Lancaster PA

  • Kmart 5600 Carlisle Pike US 11 Mechanicsburg PA (set to close mid-February)

  • Kmart 120 Mall Blvd Monroeville PA

  • Kmart 100 Cross Roads Plz Mt. Pleasant PA

  • Sears* 1 Susquehanna Valley Mall Dr Selinsgrove PA

  • Sears* 1500 Mall Run Road Uniontown PA

  • Sears* 3595 Capital City Mall Camp Hill PA (set to close mid-February)

  • Sears 3245 E State St Hermitage/Sharon PA

Rhode Island

 

 

 

  • Sears* 1500 Diamond Hill Road Woonsocket RI

South Carolina

  • Kmart 3801 B Clemson Blvd Anderson SC

  • Kmart 254 Highway 72 By-Pass Greenwood SC

  • Kmart 8571 Rivers Avenue North Charleston SC

  • Sears* 2701 David H Mcleod Blvd Florence SC (set to close mid-February)

South Dakota

  • Kmart 3020 W 12th St Sioux Falls SD

Tennessee

  • Kmart 305 W Economy Road Morristown TN

  • Sears* 2101 Fort Henry Dr Kingsport TN

Texas

  • Kmart 1120 Mc Rae Blvd El Paso TX

  • Kmart 9484 Dyer St El Paso TX

  • Kmart 1101 Fort Hood Street Killeen TX

  • Kmart 3061 S John Redditt Dr Lufkin TX

  • Sears* 4101 E 42nd St Odessa TX

Utah

  • Kmart 1153 W Highway 40 Vernal UT

  • Kmart 2010 N Main St Layton UT

Virginia

  • Kmart 1419 Hershberger Road N W Roanoke VA

  • Kmart 3655 Plank Road Fredericksburg VA

  • Kmart 6101 N Military Hwy Norfolk VA

  • Kmart 1355 West Main Street Salem VA

  • Sears* 500 Gate City Hwy Bristol VA

Washington

  • Kmart 5132 6th Ave Tacoma WA

  • Sears* 18600 Alderwood Mall Pkwy Lynnwood WA

West Virginia

  • Kmart 731 Beverly Pike Elkins WV

  • Kmart 1050 Division Street Parkersburg WV

  • Kmart 250 Three Springs Drive Weirton WV

  • Sears 225 Meadowbrook Road Bridgeport WV

  • Sears* Towne Center Mall Charleston WV

Wisconsin

  • Kmart 1425 E Highway 151 Platteville WI

  • Kmart 2211 S Green Bay Road Racine WI

Wyoming

  • Kmart 1840 Dell Range Blvd Cheyenne WY



Read Newsmax: Sears Store Closings: 150 More Locations; Craftsmen Brand Sold | Newsmax.com
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