After announcing a round of national closings in August, Transformco, parent company for Sears and Kmart, has announced dozens of stores will close by February 2020, including one Sears store in Georgia.
The company, which took over the national brands after bankruptcy, announced Friday it would close 51 Sears locations and 45 Kmart stores by early next year, according to an AJC report. Liquidation sales start Dec. 2, a few days after Black Friday and Thanksgiving sales begin, USA Today reported.
There are no additional Kmart stores closing their doors in Georgia in this round of closings, but there is one Sears location that will shutter its business. The Sears store at 6850 Douglas Blvd., Douglasville, will close next year.
Sears and Kmart stores have closed more than 3,500 stores during the last 15 years. That accounts for a loss of about 250,000 jobs.
After this new round of closings and previously announced closings, the company will have 182 stores.
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