2 additional Michigan Kmart stores to close this year
Sears Holdings announces 43 more store closures
DETROIT – Sears Holdings announced 43 more store closures on Friday, including two Michigan Kmart stores.
The new batch of closings include 35 Kmart stores and eight Sears stores nationally.
Sears/Kmart closures now total more than 300 this year.
The two latest Kmart closures in Michigan are:
801 N Lincoln Road, Escanaba, MI
1290 N Monroe Street, Monroe, MI
"We have fought hard for many years to return unprofitable stores to a competitive position and to preserve jobs and, as a result, we had to absorb corresponding losses in the process," Sears CEO Eddie Lampert said in a blog post.
"So, it is obvious that we don’t make decisions to close stores lightly. Our efforts have been, and will continue to be, fact-based, thoughtful and disciplined, with the goal of making Sears Holdings more relevant and more competitive for our members and other constituents."
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