Sears to close 24 auto centers

Sears... it certainly does when your stores is closed and you are made redundant

Sears... it certainly does when your stores is closed and you are made redundant

Sears and Kmart have been losing billions of dollars and closing stores for years.

That will leave Sears with less than 940 operating locations.

In an effort to get the company on solid footing, Sears Holding announced Thursday the closing of 64 Kmart stores, including the location at 1002 E. Highway 50 in Clermont.

Liquidation sales will begin as early as January 12, Sears officials said. Six years ago, the company had 3,510 stores. Their parent company, Sears Holdings, hasn't turned a profit since 2010 and warned in 2017 there was "substantial doubt" that it will be able to stay in business.

But the Bellingham and Burlington Macy's stores and the Bellingham Kmart are safe for now.

Sears Holdings Corp., owner of both chains, says that it will continue to close some unprofitable stores as it transforms its business model. That store remains open as it continues to liquidate stock.

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