Kmart is closing 64 stores and laying off thousands of employees - GoFuckYourself.com

brassmonkey · 09-19-2016, 09:34 AM

Kmart is closing 64 stores across 28 states.

Sears Holdings, which owns Sears and Kmart, informed Kmart employees of the closures on Friday, according to local news reports and employees who spoke with Business Insider.

The stores that are closing will begin liquidation sales on September 22 and close by mid-December, employees said.

Sears did not respond to Business Insider's request for comment.

Separately on Friday, Seritage Growth Properties, a real-estate-investment trust that owns 235 Sears and Kmart stores, revealed in a filing that Sears had decided to terminate leases on 17 stores, meaning it would close those stores.

According to RBC Capital Markets analysts, all 17 closures are Kmart stores and they will close by January.

The new wave of closures follows Sears' decision to shut down nearly 80 stores - most of which were Kmart stores - in July. Moody's analysts warned last week that Kmart doesn't have enough cash or access to cash to stay in business. Kmart has about 870 stores today, down from about 1,300 in 2012.

Here's a full list of stores that will close in December, according to employees:

Kmart #3044: Lawton, OK
Kmart #3180: Merrillville, IN
Kmart #3241: Springfield, IL
Kmart #3320: Houma, LA
Kmart #3328: New Lenox, IL
Kmart #3355: Panama City, FL
Kmart #3359: Gardendale, AL
Kmart #3521: Binghamton, NY
Kmart #3556: Elkhart, IN
Kmart #3594: Chicago, IL
Kmart #3644: Nashville, TN
Kmart #3695: Sierra Vista, AZ
Kmart #3706: Wytheville, VA
Kmart #3754: Martinsville, VA
Kmart #3814: Kearney, NE
Kmart #4066: Jackson, MI
Kmart #4095: Joliet, IL
Kmart #4135: Augusta, GA
Kmart #4162: Salt Lake City, UT
Kmart #4175: Canton, OH
Kmart #4176: Cheektowaga, NY
Kmart #4439: Yakima, WA
Kmart #4700: Fenton, MI
Kmart #4717: Oak Ridge, TN
Kmart #4739: Clarksville, TN
Kmart #4772: Burnham, PA
Kmart #4781: Macomb, IL
Kmart #4837: Riverton, WY
Kmart #4845: Manistee, MI
Kmart #4851: Byron Center, MI
Kmart #4910: Mentor, OH
Kmart #4917: Thornton, CO
Kmart #4961: Burlington, NC
Kmart #4970: Memphis, TN
Kmart #4972: Lubbock, TX
Kmart #4984: Tinley Park, IL
Kmart #7024: Scottsbluff, NE
Kmart #7061: New Iberia, LA
Kmart #7077: Harlingen, TX
Kmart #7174: Pikeville, KY
Kmart #7205: Grand Rapids, MI
Kmart #7216: Moorhead, MN
Kmart #7306: Sioux Falls, SD
Kmart #7356: Jonesboro, AR
Kmart #7412: West Valley City, UT
Kmart #7478: Waipahu, HI
Kmart #7551: Indio, CA
Kmart #7560: Craig, CO
Kmart #7587: Fontana, CA
Kmart #7625: Los Angeles, CA
Kmart #7642: Natchez, MS
Kmart #7718: Hixson, TN
Kmart #7733: Alpena, MI
Kmart #7755: Deming, NM
Kmart #7775: Lafayette, IN
Kmart #7795: Abilene, TX
Kmart #9129: Mount Airy, NC
Kmart #9146: Great Barrington, MA
Kmart #9397: West Saint Paul, MN
Kmart #9571: Cullman, AL
Kmart #9586: Sault Saint Marie, MI
Kmart #9623: Springdale, AR
Kmart #9728: Smyrna, TN
Kmart #9751: Cody, WY

Do you work at a Kmart store that is closing? Reach out to this reporter at [email protected].

article...

OneHungLo · 09-19-2016, 10:02 AM

Amazon is killing them off one by one.

shake · 09-19-2016, 10:14 AM

I remember the blue light special, do they still have that shit?

SBJ · 09-19-2016, 10:26 AM

Quote:

Originally Posted by OneHungLo

Amazon is killing them off one by one.

and walmart.. K-mart never grew with the times. Walmart grew to super stores and offered groceries and a much better online experience. Even target has super targets that offer more. K-mart has never done anything to grow into the current biz models

People blame walmart and amazon for killing the family business. Truth is if mom and pop stores made more of a effort to take online sales and offered more personal services rather than sit on their ass and complain to their few customers that we use to be busy but we can't compete with big biz.. blah blah blah.

Barry-xlovecam · 09-19-2016, 10:37 AM

Quote:

Originally Posted by OneHungLo

Amazon is killing them off one by one.

That and Walmart.
It's more an issue of merchandising

C H R I S · 09-19-2016, 10:41 AM

Amazon strikes again

fuzebox · 09-19-2016, 10:54 AM

I thought liquidation and closing off stores was Sears/Kmart's business model?

~Ray · 09-19-2016, 11:42 AM

The same death is slowly happening to Sears stores

Rochard · 09-19-2016, 11:44 AM

I cannot remember the last time I've seen a Kmart..... We used to have one near us in Phoenix, but that was ten years ago. Even then we didn't shop there often.

If we cannot buy something from Amazon, we usually buy it from Target. We have a Target about two blocks from us.

bronco67 · 09-19-2016, 12:06 PM

This is strange, because I thought they went out of business years ago.

RyuLion · 09-19-2016, 12:52 PM

Quote:

Originally Posted by OneHungLo

Amazon is killing them off one by one.

So get educated and learn more skills.

blackmonsters · 09-19-2016, 03:40 PM

Quote:

Originally Posted by SBJ

and walmart.. K-mart never grew with the times. Walmart grew to super stores and offered groceries and a much better online experience. Even target has super targets that offer more. K-mart has never done anything to grow into the current biz models

People blame walmart and amazon for killing the family business. Truth is if mom and pop stores made more of a effort to take online sales and offered more personal services rather than sit on their ass and complain to their few customers that we use to be busy but we can't compete with big biz.. blah blah blah.

Fact : Mom and pop could never match Walmart prices.

Nobody would drive out to Walmart if they could get the same price by walking 3 blocks down their street.

Relic · 09-19-2016, 03:56 PM

Op shops at K-mart

SBJ · 09-19-2016, 04:10 PM

Quote:

Originally Posted by blackmonsters

Fact : Mom and pop could never match Walmart prices.

Nobody would drive out to Walmart if they could get the same price by walking 3 blocks down their street.

fact i never said anything about price matching.. Trust me I know the local liquor store could never get a case a beer for what walmart sells them for cause the owner tells me that every time I buy a case from him (when I need one last min.).. He's one of those that is always "poor me". Now he uses that square or whatever the app is that you swipe your credit card on a tablet for cc purchases cause the fees are a fraction of the normal CC way.

Now re read what I said.. if a local mom and pop store put up a website they could sell to more people.. If they offered services that walmart doesn't offer that would also help.

I'm not saying it's not 10 times harder to run a mom and pop shop today, but it's like porn.. The people that worked 10 times harder today still make money. Maybe not like they did pre tubes but it's still possible.

DBS.US · 09-19-2016, 08:50 PM

Where I live we don't have Kmart, Walmart, or Target.

ErectMedia · 09-19-2016, 10:54 PM

Better pay dat Layaway off before they close or you're Compton Christmas be ruined.

Kmart Layaway - Kmart

Horatio Caine · 09-19-2016, 11:12 PM

Sorry about your job, shitso.

Paul Markham · 09-20-2016, 01:50 AM

Quote:

Originally Posted by OneHungLo

Amazon is killing them off one by one.

There will be more closing as online shopping replaces the need to get off a sofa.

09-19-2016, 09:34 AM	#1
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,042	Kmart is closing 64 stores and laying off thousands of employees Kmart is closing 64 stores across 28 states. Sears Holdings, which owns Sears and Kmart, informed Kmart employees of the closures on Friday, according to local news reports and employees who spoke with Business Insider. The stores that are closing will begin liquidation sales on September 22 and close by mid-December, employees said. Sears did not respond to Business Insider's request for comment. Separately on Friday, Seritage Growth Properties, a real-estate-investment trust that owns 235 Sears and Kmart stores, revealed in a filing that Sears had decided to terminate leases on 17 stores, meaning it would close those stores. According to RBC Capital Markets analysts, all 17 closures are Kmart stores and they will close by January. The new wave of closures follows Sears' decision to shut down nearly 80 stores - most of which were Kmart stores - in July. Moody's analysts warned last week that Kmart doesn't have enough cash or access to cash to stay in business. Kmart has about 870 stores today, down from about 1,300 in 2012. Here's a full list of stores that will close in December, according to employees: Kmart #3044: Lawton, OK Kmart #3180: Merrillville, IN Kmart #3241: Springfield, IL Kmart #3320: Houma, LA Kmart #3328: New Lenox, IL Kmart #3355: Panama City, FL Kmart #3359: Gardendale, AL Kmart #3521: Binghamton, NY Kmart #3556: Elkhart, IN Kmart #3594: Chicago, IL Kmart #3644: Nashville, TN Kmart #3695: Sierra Vista, AZ Kmart #3706: Wytheville, VA Kmart #3754: Martinsville, VA Kmart #3814: Kearney, NE Kmart #4066: Jackson, MI Kmart #4095: Joliet, IL Kmart #4135: Augusta, GA Kmart #4162: Salt Lake City, UT Kmart #4175: Canton, OH Kmart #4176: Cheektowaga, NY Kmart #4439: Yakima, WA Kmart #4700: Fenton, MI Kmart #4717: Oak Ridge, TN Kmart #4739: Clarksville, TN Kmart #4772: Burnham, PA Kmart #4781: Macomb, IL Kmart #4837: Riverton, WY Kmart #4845: Manistee, MI Kmart #4851: Byron Center, MI Kmart #4910: Mentor, OH Kmart #4917: Thornton, CO Kmart #4961: Burlington, NC Kmart #4970: Memphis, TN Kmart #4972: Lubbock, TX Kmart #4984: Tinley Park, IL Kmart #7024: Scottsbluff, NE Kmart #7061: New Iberia, LA Kmart #7077: Harlingen, TX Kmart #7174: Pikeville, KY Kmart #7205: Grand Rapids, MI Kmart #7216: Moorhead, MN Kmart #7306: Sioux Falls, SD Kmart #7356: Jonesboro, AR Kmart #7412: West Valley City, UT Kmart #7478: Waipahu, HI Kmart #7551: Indio, CA Kmart #7560: Craig, CO Kmart #7587: Fontana, CA Kmart #7625: Los Angeles, CA Kmart #7642: Natchez, MS Kmart #7718: Hixson, TN Kmart #7733: Alpena, MI Kmart #7755: Deming, NM Kmart #7775: Lafayette, IN Kmart #7795: Abilene, TX Kmart #9129: Mount Airy, NC Kmart #9146: Great Barrington, MA Kmart #9397: West Saint Paul, MN Kmart #9571: Cullman, AL Kmart #9586: Sault Saint Marie, MI Kmart #9623: Springdale, AR Kmart #9728: Smyrna, TN Kmart #9751: Cody, WY Do you work at a Kmart store that is closing? Reach out to this reporter at [email protected]. article... __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

09-19-2016, 10:41 AM	#6
C H R I S Too lazy to set a custom title Industry Role: Join Date: Nov 2005 Location: Marina Del Rey Posts: 10,842	Amazon strikes again __________________ C H R I S Retired Porn Veteran BH4L

09-19-2016, 11:42 AM	#8
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	The same death is slowly happening to Sears stores __________________ Adult Backlinks for Adult Websites - Testimonials Available

09-19-2016, 12:06 PM	#10
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	This is strange, because I thought they went out of business years ago. __________________

09-19-2016, 08:50 PM	#15
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,830	Where I live we don't have Kmart, Walmart, or Target. __________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight

09-19-2016, 10:02 AM	#2
OneHungLo So Fucking Banned Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 40,906	Amazon is killing them off one by one.

09-19-2016, 10:14 AM	#3
shake frc Industry Role: Join Date: Jul 2003 Location: Bitcoin wallet Posts: 4,663	I remember the blue light special, do they still have that shit? __________________ Crazy fast VPS for $10 a month. Try with $20 free credit

09-19-2016, 10:54 AM	#7
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,032	I thought liquidation and closing off stores was Sears/Kmart's business model?

09-19-2016, 11:44 AM	#9
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,202	I cannot remember the last time I've seen a Kmart..... We used to have one near us in Phoenix, but that was ten years ago. Even then we didn't shop there often. If we cannot buy something from Amazon, we usually buy it from Target. We have a Target about two blocks from us. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

09-19-2016, 03:56 PM	#13
Relic So Fucking Banned Join Date: Aug 2002 Posts: 10,300	Op shops at K-mart

09-19-2016, 10:54 PM	#16
ErectMedia Confirmed Chicago Pimp Industry Role: Join Date: Aug 2004 Location: Chicago Posts: 7,100	Better pay dat Layaway off before they close or you're Compton Christmas be ruined. Kmart Layaway - Kmart __________________ Domain Name Registration Web3 Domains

09-19-2016, 11:12 PM	#17
Horatio Caine full-time aspiring rapper Industry Role: Join Date: Aug 2012 Location: Compton, CA Posts: 5,746	Sorry about your job, shitso.