Rome's Sears, Kmart safe ? for now

by AP, staff reports Associated Press

A Sears store in Longmont, Colo., displays sale signs on Thursday, Dec. 29, 2011. The Hoffman Estates-based retailer Sears announced specific stores it would close on Thursday, Dec. 29. Sears announced this week that it would close as many as 120 stores nationally after poor holiday sales. The Longmont, Colo., store (above) is one of the stores that will close, but for now the Rome Sears and Kmart stores have been spared. (Joshua Buck, Associated Press)

slideshow A preliminary closing list issued Thursday does not call for the shuttering of either of Rome?s Sears or Kmart stores.

Sears Holding Corp. announced earlier this week it would close as many as 120 stores to raise cash.

A preliminary closing list of 79 stores does not include the Sears at Mount Berry Square or the Kmart on Hicks Drive, which also sells Sears appliances and a few other Sears items. It was not known Thursday when more closures will be announced.

In Georgia, Sears Holdings Corp. says it will close its store at the Macon mall, along with several Kmarts in Buford, Columbus, Douglasville, Jonesboro and Southwest Atlanta.

Florida will be hit the hardest by the closing of Sears and Kmart stores, losing 11.

Ohio, Michigan and Georgia are not far behind with six store closures planned in their states. Tennessee, North Carolina and Minnesota are set to lose four stores each.

A spokeswoman for Sears Holding Corp. said each store employs between 40 and 80 people.

None of the closures announced so far are in Sears? home state of Illinois.

The projected closings represent only about 3 percent of Sears Holdings? U.S. stores. Sears and Kmart merged in 2005. The company now has about 3,560 stores in the U.S. That?s up from 3,500 immediately after the merger, because of the addition of more small stores.

Source: http://rn-t.com/bookmark/16938719

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