The Colorado Springs store was the only store part of this round of closings in Colorado.
Employees at the stores were informed of the pending closures on Thursday. We're very fortunate to have reversed a decision by Shopko, Incorporated, and allowed us to retain and maintain that store with Shopko in their Hometown model.
A once vibrant piece of Americana, Sears has plummeted in recent years with the rise of Amazon and other e-commerce.
A man walks out of a Sears store on December 27, 2011 in Milford, Connecticut.More news: LG to showcase its first ever 4K projector at CES 2018
More news: Caitlyn Jenner accuses Kardashian clan of 'leaking stories' to the press
More news: Hoda Kotb named 'Today' co-anchor following Lauer's exit
"This opens up a lot of opportunities for our district", Weycker said.
The Macy's furniture store in Novato is closing, along with the Stonestown Mall location. They are will be closing in early April.
Kmart had 38 stores in MI at the beginning of 2016, when aggressive rounds of store closings began, related to two factors: Chain financial performance and the landlord, Seritage Growth Properties, terminating their occupancy. A Sears store in Waterloo, Iowa is also closing its doors. Liquidation sales of these stores will start as early as January 12.
Sears Holdings Corporation, the owner of the Sears and Kmart retail store brands, will close three more local stores and 100 additional stores nationwide. Red Oak's Kmart is the only store in KMAland impacted by the closings.
Last year, commissioners adopted a mixed use zoning ordinance with the hopes of allowing more business to set up shop in the commercial district.