MOUNT PLEASANT (WJRT) (11/03/2017) - The Kmart store in Mount Pleasant is one of three slated to close in the latest round of cuts announced by Sears Holdings.
The store at 2125 S. Mission St. is one of 60 stores nationwide that will close. The store will remain open through the upcoming holiday season, but liquidation sales are slated to begin around Nov. 9.
No Sears stores in Michigan are on the list of closures. Employees impacted by the closures will receive severance and have the opportunity to apply at other stores.
Sears Holdings, which owns the Kmart brand, announced the new round of store closures on Friday. Other Michigan stores affected include locations on Capital Avenue in Battle Creek and Garfield Road in Clinton Township.
The new round of closings are part of a “strategic assessment” to “right size” its store footprint, Sears Holdings wrote in a statement.
“It’s important to note that these stores will remain open to serve members during the holiday season,” the company said.
The announcement comes as Sears and Kmart continue to face years of declining sales, and just a few weeks after the company announced the end of its relationship with Whirlpool.