Get Our Email Newsletter

Retailer Spends Another Friday Evening Closing More Stores

Transformco, the parent company of Kmart and Sears, quietly advertised “temporary store closing” positions at three of its remaining locations late Friday afternoon. Two Kmart stores in the Florida Keys and a Sears Grand in Rancho Cucamonga, California have finally made their way onto the company’s list of doomed locations.

Since the start of 2021, Transformco has often posted announcements for temporary sales help on Friday evenings. This is now the way company employees and customers learn about the status of their jobs or local stores. Transformco stopped issuing store closing press releases more than a year ago.

It may not seem like a lot to make a news story out of three store closings. But once these three stores close their doors, likely by May or June, there will be only 21 Kmarts and 28 Sears stores left in operation.

The Kmart stores in Marathon and Key Largo, Florida and the Rancho Cucamonga Sears Grand will commence store liquidation sales early next week.

- Digital Partner -

For the last several decades, Kmart has enjoyed a discount store monopoly on the Florida Keys. Its roster of three Florida Keys Kmarts will be soon reduced to just one store, located in Key West. And that location, originally a Zayre discount store, is certainly on borrowed time…  Forbes

Loss Prevention Magazine updates delivered to your inbox

Get the free daily newsletter read by thousands of loss prevention professionals, security, and retail management from the store level to the c-suite.

What's New

Digital Partners

Become a Digital Partner

Violence in the Workplace

Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.

Webinars

View All | Sponsor a Webinar

Whitepapers

View All | Submit a Whitepaper

LP Solutions

View All | Submit Your Content

Loss Prevention Media Logo

Stay up-to-date with our free email newsletter

The trusted newsletter for loss prevention professionals, security and retail management. Get the latest news, best practices, technology updates, management tips, career opportunities and more.

No, thank you.

View our privacy policy.