NWA And River Valley Malls Anchor Store Sears To Close

Dozens of Kmart and Sears stores are closing in early 2018

Sears Holdings Corp. on Thursday told employees at 18 Sears stores and 45 Kmart stores nationwide - including five stores in OH - that their stores will be closing after the holiday season, in late January 2018. And that still leaves the retailer with close to 1,200 stores.

The latest list of store closures includes 45 Kmart locations and 18 Sears boxes. Over the past year the company has closed hundreds of its stores including its Shenango Valley Mall Sears store in Hermitage.

The Altoona Sears and Kmart stores have not be affected by the closings.

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In Sears' latest quarter, same-store sales tumbled more than 11 percent, as total revenue fell to $4.37 billion, from $5.66 billion, and was driven lower because of recent store closures, according to the company.

"It's important to note that these stores will remain open to serve members during the holiday season". The Sears at the Nittany Mall in College Township is among them.

"I opened it as a manager and I'm closing it as a part-time employee", said the Belvidere resident, who took only a year or two off in retirement. Food City is the second anchor store and K-VA-T, Food City's parent company, plans to close that store and build a new one nearby. Liquidation sales will begin as early as November 9 at affected stores.

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