Four local Kmart and Sears stores closing - News, Weather, Sports, Toledo, OH

Four local Kmart and Sears stores closing

TOLEDO, OH (WTOL) - After revenue fell at both Sears and Kmart a list of closings has been released, including four local Kmart and Sears stores.

Kmart's quarter-to-date comparable store sales decline reflected decreases in the consumer electronics and apparel categories and lower layaway sales. Sears Domestic's quarter-to-date sales decline was primarily driven by the consumer electronics and home appliance categories, with more than half of the decline in Sears Domestic occurring in consumer electronics. 

This list represents 79 of the store closings that were announced. Click here to see the full list. Additional updates will be posted to Sears Media as they are determined.

The Sears located on North Monroe Street in Monroe, MI and the Sears located on South Main Street in Adrian, MI are closing.

Although The Mall of Monroe management is disappointed that one of its four anchor stores may be closing, they are hopeful that the giant retailer will change its mind.

The Kmart located on South Reynolds Road in Toledo and the Kmart located on East Manhattan Boulevard in Toledo are closing.

The closing dates have yet to be determined.

A typical store that is being closed employs between 40 and 80 associates.

Copyright 2011 WTOL. All Rights Reserved.

  • Headlines from Lucas, Wood, Ottawa, Fulton & Monroe CountiesNewsMore>>

  • Four indicted in connection to death of newborn

    Four indicted in connection to death of newborn

    Wednesday, April 25 2018 11:30 PM EDT2018-04-26 03:30:08 GMT
    (Source: WTOL)(Source: WTOL)

    110 Clean false false false EN-US X-NONE X-NONE ...

    More >>

    110 Clean false false false EN-US X-NONE X-NONE

    More >>
  • TPD find body in central Toledo

    TPD find body in central Toledo

    Wednesday, April 25 2018 11:11 PM EDT2018-04-26 03:11:46 GMT
    (Source: WTOL)(Source: WTOL)
    (Source: WTOL)(Source: WTOL)
    Toledo Police are investigating a homicide after a body was found in central Toledo Wednesday afternoon. TPD said 25-year-old Delaghno Overton was found not far from the railroad tracks near Maplewood Avenue and Castle Boulevard around 2:30 p.m.  Crews say Overton was shot.  Follow WTOL:   Download our app here.  Copyright 2018 WTOL. All rights reserved.More >>
    Toledo Police are investigating a homicide after a body was found in central Toledo Wednesday afternoon. TPD said 25-year-old Delaghno Overton was found not far from the railroad tracks near Maplewood Avenue and Castle Boulevard around 2:30 p.m.  Crews say Overton was shot.  Follow WTOL:   Download our app here.  Copyright 2018 WTOL. All rights reserved.More >>
  • Report: ProMedica acquires HCR Manor Care

    Report: ProMedica acquires HCR Manor Care

    Wednesday, April 25 2018 8:55 PM EDT2018-04-26 00:55:04 GMT
    (Source: WTOL)(Source: WTOL)
    (Source: WTOL)(Source: WTOL)
    ProMedica does not seem to be slowing down its buying spree. Reuters reported that ProMedica is acquiring HCR Manor Care. According to Reuters, ProMedica is teaming up with Welltower which is a Toledo based real estate trust. The two are proposing a purchase of bankrupt HCR for $2 billion. ProMedica has not made a comment on the report.  Follow WTOL:   Download our app here.  Copyright 2018 WTOL. All rights reserved.More >>
    ProMedica does not seem to be slowing down its buying spree. Reuters reported that ProMedica is acquiring HCR Manor Care. According to Reuters, ProMedica is teaming up with Welltower which is a Toledo based real estate trust. The two are proposing a purchase of bankrupt HCR for $2 billion. ProMedica has not made a comment on the report.  Follow WTOL:   Download our app here.  Copyright 2018 WTOL. All rights reserved.More >>
Powered by Frankly