2 Minnesota Kmart stores are closing, and liquidation sales start this week

Author:
Updated:
Original:

Two of Minnesota's Kmart stores will be closing.

The stores in Moorhead and West St. Paul will shut down later this year, Howard Riefs of Sears Holdings (which owns Sears and Kmart) confirmed to BringMeTheNews Tuesday. They're among the 64 stores Kmart is closing across 28 states, Business Insider reports.

The closing stores will begin liquidation sales on Thursday, and will close to the public in mid-December.

The number of employees these closings will affect isn't publicly available, Riefs said, but most of them are part-time or hourly workers. They'll be eligible to receive severance and can apply for positions in other Sears or Kmart stores.

Riefs says deciding to close these stores was difficult, but necessary, noting Sears Holdings has been "strategically and aggressively evaluating our store space and productivity, and are accelerating the closing of unprofitable stores."

This latest round of closures comes after Sears Holdings decided to shut down nearly 80 stores (most of them Kmarts) back in July, Business Insider says, noting analysts said recently that Kmart doesn't have enough cash or access to cash to stay in business.

Currently, Kmart has 870 stores, including seven in Minnesota (that doesn't count the two that are closing). In 2012, there were 1,300 stores, Business Insider says.

Next Up

covid

Here is Minnesota's COVID-19 update for Monday, Jan. 18

The latest update from the Minnesota Department of Health.

Tom Kelly Jr.

Tom Kelly Jr., son of Twins World Series manager, dies at 42

He was a member of the 2001 UST national championship team.

Hennepin County CSI

Police: Man shot in the head by woman in Richfield

It happened in the early hours of Monday.

University of St. Thomas

St. Thomas students robbed by suspects in ski masks

Nobody was injured in the early Saturday incident.

mn state capitol january 17 2021

Amid huge police presence, weekend rallies at state Capitol were tiny and peaceful

Officials across the U.S. remain on alert for possible violence ahead of President-elect Joe Biden's inauguration on Jan. 20.

Antoine Winfield Jr.

Watch: Gopher alums Antoine Winfield Jr., Tyler Johnson make key plays in Bucs' playoff win

The Minnesota greats had a pair of highlights as Tampa Bay advanced to the NFC Championship.

Er-hgw7XYAQup5n

Crews respond to fire at Gertens in Inver Grove Heights

It's reported that a greenhouse on the grounds was on fire.

Marcus Carr

Why the Gophers could be in line for a high seed in the NCAA Tournament

The Gophers are done with a brutal stretch and are poised to make a run.

Related

34-year Kmart shopper protests store closing

Marge Hames, 74, says she's been coming back to the same local Kmart for 34 years and says the employees there are like family. That store is one of 15 that Sears Holding plans to close in February. "So I'm here. I'll be here tomorrow, and the day after, until it closes."

2 Sears stores, 1 Kmart to close in Minnesota

It's the latest round of closures announced by the struggling retailer.

At least 100 Sears, Kmart stores to close after poor holiday sales

Sears Holdings on Tuesday announced it would close 100-120 Sears and Kmart stores after a big slump in holiday sales from last year. The company hasn't yet identified which stores will close.

Kmart closing store in Bemidji after 35 years

Kmart store manager Tim Hayen told the Bemidji Pioneer he is unsure when the store will officially close its doors. As many as 60 employees, most of whom are part-time, will be affected by the closure.

At least four Kmarts in Minnesota will close

Sears has released a partial list of Sears and Kmart stores set to close as it tries to make up for poor holiday sales this year. Included in the closings so far are Kmart stores in Duluth, New Hope, White Bear Lake and Wilmar.