It’s official! Sears Holding will close 68 Kmarts and 10 Sears stores in the next few months in the U.S.

The reason? A merchandise study from the owners that proved the existence of several unprofitable stores. It was made based on an exhaustive evaluation concerning rentability of stores, the behavior in the market, account historical and the timing of lease expirations.

Therefore, this responds to a necessity of Sears to take aggressive actions in order to strengthen the company taking into account the people involved in this change process as valuable part of the transformation.

Sears Holding will close 68 Kmarts and 10 Sears stores in the next few months in the U.S. Photo credit:
Sears Holding will close 68 Kmarts and 10 Sears stores in the next few months in the U.S. Photo credit: Forbes

Also, Sears expects to obtain a great gain from the liquidation of store inventory and from the sales of the corresponding real state which will allow them to meet its financial commitments and be capable of taking important improvements as its primary 2016 objective.

Sears improvements

“We’re focusing on our best members, our best categories, and our best stores as we work to accelerate our transformation,” said Edward S. Lampert, Chairman and Chief Executive Officer of Sears

It is important to know that Sears is intended to change the way they serve all kind of customers, attending their necessity and thus increase their sales. All without affecting the quality of their staff and give them the value they deserve. The idea is also evolving with the market and meet their needs more effectively and profitably.

Kmart and Sears stores will start their liquidation sales on May 12 and April 29, respectively. Complete list of the impacted stores is the following:

Kmart 5980 Chalkville Mountain Birmingham AL
Kmart 1101 Beltline Road Decatur AL
Kmart 230 Green Springs Hwy Homewood AL
Kmart 450 Z Schillingers Road Mobile AL
Kmart 300 West Mariposa Road Nogales AZ
Kmart 2270 East El Monte Way Dinuba CA
Kmart 520 S Cherokee Lane Lodi CA
Kmart 1475 Hillman Street Tulare CA
Kmart 2785 Highway 46 Wasco CA
Kmart 44 Providence Pike Putnam CT
Kmart 9600 San Jose Blvd Jacksonville FL
Kmart 500 Atlantic Blvd Neptune Beach FL
Kmart 1809 Byron Butler Parkway Perry FL
Kmart 7050 S Pulaski Chicago IL
Kmart 2721 N Vermillion Street Danville IL
Kmart 1150 W Carl Sandburg Dr Galesburg IL
Kmart 17355 Torrence Ave Lansing IL
Kmart 2909 Court St Pekin IL
Kmart 3840 46th Ave Rock Island IL
Kmart 3216 E Third Street Bloomington IN
Kmart 3525 Grantline Rd New Albany IN
Kmart 1320 E 30th Ave Hutchinson KS
Kmart 1809 N Dixie Hwy Elizabethtown KY
Kmart 4025 Poplar Level Rd Louisville KY
Kmart 3911 Taylorsville Rd Louisville KY
Kmart 1581 US 68 South Maysville KY
Kmart 344 North Mayo Trail Paintsville KY
Kmart 2985 Cottingham Expwy Pineville LA
Kmart 10 Main Street Tewksbury MA
Kmart 8171 W Houghton Lake Dr Houghton Lake MI
Super K* 21111 Van Born Rd Taylor MI
Kmart 11978 St Charles Rock Rd Bridgeton MO
Kmart 1930 E Kearney Street Springfield MO
Kmart 118 Highway 72 West Corinth MS
Kmart 2424 Central Ave Billings MT
Kmart 804 N Broad Street Brevard NC
Kmart 3580 East Franklin Gastonia NC
Kmart 2750 Roberts Avenue Lumberton NC
Kmart 10500 Centrum Parkway Pineville NC
Kmart 720 Sutter Creek Blvd Rocky Mount NC
Kmart 3001 West 12th Hastings NE
Kmart 838 South Road Poughkeepsie NY
Kmart 3049 W Ridge Rd Rochester NY
Super K 3315 N Ridge E Ashtabula OH
Kmart 1705 North Barron Street Eaton OH
Kmart 1825 North State Route 19 Fremont OH
Kmart 2250 Harding Hwy Lima OH
Super K* 5350 Leavitt Road Lorain OH
Kmart 625 West Central Avenue Springboro OH
Kmart 2660 Constitution Blvd Beaver Falls PA
Kmart 8800 Frankford Ave Philadelphia PA
Kmart 3000 McIntyre Square Dr Pittsburgh PA
Kmart 1775 S Braddock Avenue Pittsburgh PA
Kmart 3045 Fifth Street Hwy Reading PA
Kmart 99 Matthews Drive Uniontown PA
Kmart 2209 West Dekalb Camden SC
Kmart 1000 18th St SW Huron SD
Kmart 2210 Broadway Avenue Yankton SD
Kmart 1802 Decatur Pike Athens TN
Kmart 945 McCammon Ave Maryville TN
Kmart 902 S Main Street Sweetwater TN
Kmart 11330 Montwood Dr El Paso TX
Kmart 1405 East Expressway 83 Mission TX
Kmart 210 SE Georgia Ave Sweetwater TX
Kmart 1055 East Draper Pkwy Draper UT
Kmart 610 West Price River Dr Price UT
Kmart 1442 W 90th South West Jordan UT
Kmart 1275 Bell Avenue Hartford WI
Sears 700 Quintard Dr Oxford AL
Sears 600 S University Ave Little Rock AR
Sears 9501 Arlington Expy Jacksonville FL
Sears 5953 W Park Ave Houma LA
Sears 6810 Eastman Ave Midland MI
Sears 200 Medley Centre Parkway Irondequoit NY
Sears 60 Smithfield Blvd Plattsburgh NY
Sears 1377 Marion Waldo Rd Marion OH
Sears 101 Clearview Cir Butler PA
Sears 2500 W State St New Castle PA

* These stores will close in mid-September. All others will close in late July.

Source: NBC News 2