Sears, Kmart: 4 More Stores Closing In Maryland

MARYLAND — Transformco, the parent company of Sears and Kmart, announced Thursday it plans to shut another 96 stores by February; four of those locations appear to be in Maryland. The latest round of closures is expected to shutter 51 Sears stores and 45 Kmart location across the nation. In the last 15 years, Sears and Kmart have closed more than 3,500 stores.

Neither retailer has yet specified the locations that will be closed, but for now, nothing is off the table. USAToday reports that it has the list of 96 store closings.

Here is the Sears location targeted:

• Cumberland Sears: 1262 Vocke Road

And these are the Kmart locations on the closing list in Maryland, the newspaper reports:

• Frederick Kmart: 1003 W Patrick St.
• Hagerstown Kmart: 1713 Massey Blvd.
• Hyattsville Kmart: 6411 Riggs Road

In September, USA Today reported coming store closings would include: Gaithersburg Sears: 701 Russell Ave. and Stevensville Kmart: 200 Kent Manor Drive.

Related:

• Maternity Apparel Store Closing 3 MD Locations: Report
• Athletic Apparel Chain Closing 4 Locations In Maryland
• 2 Maryland Kmart/Sears Stores To Close In December 2019
• Closing Date For Owings Mills Bed Bath & Beyond Set

It's not all bad news for the national retailers, though, Transformco also said Thursday that it had secured a $250 million lifeline that should help the company better focus on its "competitive strengths."

Sears and Kmart are part of a growing list of brick-and-mortar establishments that have seen a nosedive in revenue and popularity with the emergence of e-commerce companies such as Amazon and Walmart. In what analysts have dubbed the retail apocalypse, the beloved chain Toys R Us was likely the most high-profile retail closure in the past year. In March 2019, JCPenney said it would close 18 stores this year, which included the location at Lake Forest Mall in Gaithersburg, which shut down July 5.

Toys R Us shut down its operations in the U.S., closing 735 stores. The iconic toy store closed all of its locations in the U.S. by late June 2018, including 17 Toys R Us stores in Maryland.

The latest Sears and Kmart going out-out-of business sales are set to begin on Dec. 2, according to Transformco.

In early September, Bed Bath & Beyond said it would close some stores and overhaul others ahead of the 2019 holiday shopping season.