Sears At Freehold Raceway Mall Is Closing

FREEHOLD – The Sears at Freehold Raceway Mall will close. The store was the last one at the Jersey Shore.

The owners of Sears and Kmart, Transformco, has announced that the store will close by mid-February.

"After careful review, we have made the difficult but necessary decision to close the Sears store in Freehold, New Jersey," the company said on Wednesday.

A liquidation sale begins this week, the company said.

"We encourage customers to continue shopping on sears.com for all their product needs," the company said.

The announcements come as major retailers — which have a total of more than 200 locations across the state — plan to close a large number of stores and create additional layoffs. Read more: 5 NJ Stores To Shut Before Christmas As New Closure Announced

Kmart is closing a store in West Orange – just two months after the company announced that it was closing sites in Wayne, Trenton, Wall and Somers Point by Christmas. Read more: Kmart Store In West Orange To Close

The Lord & Taylor's at Woodbridge Center Mall is also expected to close by Dec. 24 and 84 layoffs are scheduled for that date. Read more: Woodbridge Center Lord & Taylor Will Be Closing: Report