1 more Kmart store is closing in Minnesota, but not until after the holidays

It'll leave the northwest MN community without a Kmart.
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More Sears and Kmart stores are closing, including one in Minnesota. 

Sears Holdings announced Friday it'll shutter 45 Kmarts and 18 Sears in late January – including the Kmart in Thief River Falls. 

This means the closest Kmart for people in that area will be in North Dakota. It's in Fargo, about two hours away

It also will leave Minnesota with just five Kmarts. They're in Minneapolis, St. Paul, Rochester, International Falls and Duluth. 

Sears Holdings said Friday it's closing these 63 stores because they're unprofitable. Liquidation sales will begin as early as Nov. 9.

These closures are in addition to the roughly 250 stores it already planned to close across the U.S. as it works to cut costs and stay in business. The four other Minnesota stores it has closed or will close are: the Sears in Mankato, Coon Rapids and St. Cloud, and the Kmart in Detroit Lakes.

Sears and Kmart closures come during a time when various retailers are struggling, with consumers choosing to shop online instead of in a mall. Fung Global Retail and Technology said there were 5,321 store closing announcements in the first six months of 2017. 

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