Business & Tech

3 More Kmart, Sears Stores To Close

They are among 96 Kmarts and Sears nationwide that will be shutting down in early 2020. Going out of business sales will start soon.

(Google Maps)

Two Kmarts and a Sears store will be closing down next year, the parent company, Transformco, announced last week. The Kmarts in Bohemia, Suffolk County, and Sidney, Delaware County, and a Sears in Buffalo, Eire County, will be shuttered.

"Since purchasing substantially all the assets of Sears Holdings Corporation in February 2019, Transformco has faced a difficult retail environment and other challenges," the company wrote in a statement. "We have been working hard to position Transformco for success by focusing on our competitive strengths and pruning operations that have struggled due to increased competition and other factors. To support these initiatives, our owners (along with a third-party investor) have recently provided the company approximately $250 million in new capital."

As a result, the company made the "difficult but necessary" decision to close the businesses. Going out of business sales at the stores are expected to begin Dec. 2.

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In the Hudson Valley, there are Sears stores in White Plains, Fishkill, Newburgh and Poughkeepsie. There are Kmarts in White Plains and Yorktown Heights.


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