K-Mart In Frederick To Close

It’s on the list of 96 K-Mart & Sears stores scheduled to close.

 

Frederick, Md (KM) The Frederick Kmart on West Patrick Street is on the list of 96 Sears and Kmart stores set to close late this year or next year.

USA Today reports the going-out-of business sales are expected to begin on December 2nd after Thanksgiving and Black Friday.

For the past 15 years, Sears and Kmart have closed more than 3500 stores, and cut about 250,000 jobs.

This new round of closings will leave the company with 182 stores.

The Kmart in Hagerstown will also close. The Sears at the FSK Mall is not on the list of stores which is expected to close.

The store closure announcement come from Transform Holdco, which was formed in January to buy the remaining assets from Sears Holdings, Inc., which applied for bankruptcy in October, 2018.

 

By Kevin McManus

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