The Kmart on Tom Hill Sr. Boulevard in Macon is one of 45 Kmarts expected to close in the coming months, Sears Holding Co. announced.
Sears, which owns Kmart along with its own iconic chain, said the stores are set to close in late January 2018. In addition, 18 Sears stores will close, according to a release from the company.
Liquidation sales will begin as early as Nov. 9 at the stores being closed.
“It’s important to note that these stores will remain open to serve members during the holiday season,” the release said. “Eligible associates impacted by these store closures will receive severance and will have the opportunity to apply for open positions at area Kmart or Sears stores.”
Two other Kmarts in Georgia are on the closing list: one in Tifton and one in Dalton. Sears stores closing in Georgia are in Valdosta and Lithonia.
This may not be the last round of closures, as the company expects to continue to shut down unprofitable stores.
“Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size,” the release said. “In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members.”
Staff writer Linda S. Morris contributed to this story.