Sears Holdings to close 5 more Kmart stores in Ohio this month


Another five Kmart stores will close in Ohio this month.

Sears Holdings, which owns Kmart and Sears stores, informed associates that another 45 Kmart stores and 18 Sears stores will close in late January. Five Kmart locations in Ohio were identified as impacted stores. No Sears locations in Ohio were impacted by this round of closures. Sears Holdings already closed more than 350 stores in 2017.

» RELATED: Local counties see ‘dramatic rise’ in flu hospitalizations

The impacted Ohio stores are located in St. Mary’s, Cleveland, Oregon, Austintown and Hillsboro.

“We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members,” the company said in a statement.

Sears has several locations in the Miami Valley, including anchor stores at the Dayton Mall and the Mall at Fairfield Commons and the Miami Valley Centre Mall in Piqua. All local Kmart stores have already closed.

FIVE FAST BUSINESS READS

• Newborn boy, first of 2018, born at Wright-Patterson Medical Center

• Woman convicted of teen slaying in Dayton released on Christmas Day

• No more waiting? Kroger looking to eliminate checkout lanes

• Currency of the future? Some argue it’s bitcoin

• Southwest Airlines adds new flight at local airport



Reader Comments ...


Next Up in Business

Need a job? More than 160 employers will be at UD Arena
Need a job? More than 160 employers will be at UD Arena

More 1,000 people and over 160 employers will be at the 2018 Spring Job Fair Wednesday, April 25 at the University of Dayton Arena. Government agencies and private sector companies spanning construction, engineering, education, health care, information technology, manufacturing, professional services and transportation will be on hand, according to...
Opening date announced for Macy’s outlet store in Dayton
Opening date announced for Macy’s outlet store in Dayton

Macy’s will open an outlet store at the Dayton Mall in June. The department store will open its first Dayton-area Backstage outlet store at the Dayton Mall on June 6. The new outlet store will have approximately 12,900 square feet of dedicated retail space and will live on the second level inside the full-line Macy’s. The grand opening...
Did you buy this product? Vegetable sold in Ohio ALDI stores recalled
Did you buy this product? Vegetable sold in Ohio ALDI stores recalled

A vegetable item sold in Ohio ALDI stores has been recalled. McCall Farms Inc. is voluntarily recalling a limited amount of cases of Happy Harvest Spinach in 13.5 ounce cans as a precautionary measure due to the potential presence of peanuts resulting from product mislabeling, the U.S. Food and Drug Administration announced. The product was available...
Sears CEO offers tentative deal to buy Kenmore, real estate assets
Sears CEO offers tentative deal to buy Kenmore, real estate assets

Sears shares are jumping after CEO Eddie Lampert offered to buy one of its units through his hedge fund, ESL Investments. In a letter to the company’s board of directors, Lampert said he would buy the unit through his hedge fund. The letter notes that Kenmore, SHIP and PartsDirect have substantial value and that divesting one or more of...
With Elder-Beerman closings, can local malls survive?
With Elder-Beerman closings, can local malls survive?

The closure of six area Elder-Beerman locations in the next few months could spell trouble for area malls who have relied on customer traffic and high-price leases from the longtime department store. Bon Ton Stores Inc., the parent company of Elder-Beerman, announced last week it was going out of business after it could not attract a buyer during its...
More Stories