Greenville Kmart among 103 stores slated to close

Greenville Kmart among 103 stores slated to close

Greenville Kmart among 103 stores slated to close

Sears and Kmart will also be closing a total of 103 stores between March and April, which include six Seattle and Tacoma locations.

Sears Holding has announced that it will be closing 64 Kmart stores across the country including the one in Cabot. The affected locations plan to begin clearance sales as early as January 12.

Sears Holding, the parent company of both retailers, made the announcement Thursday.

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Business Insider reported the company's sales are down 45 percent since early 2013.

The decline of Sears Holdings has been swift in recent years.

Two years ago, Kmart had 940 stores; it will be left with about 400 locations after the closure.

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Among the locations set to go out of business is the Sears on Hooper Avenue in Toms River.

Sears has announced it will close its store in Bangor, Maine.

The decision leaves the Bangor Mall with two anchor stores; JC Penney and Dick's Sporting Goods.

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In 2006 the company operated more than 3,000 stores in the US and a few hundred in Canada.

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