KMart closing in Rutland in early April

Inc. All rights reserved. This material may not be published broadcast rewritten or redistributed

Inc. All rights reserved. This material may not be published broadcast rewritten or redistributed

A man walks out of a Sears store on December 27, 2011 in Milford, Connecticut. The Sears store is at 5900 West Glades Road., in Boca Raton. The Kmart at 1400 Wildcat in Portland, Texas is on the list of store closures.

Liquidation sales will begin as early as January 12, Sears officials said. In recent years a Sears and 2 Kmart stores were closed in Decatur.

The company says eligible employees will receive severance pay.

Earlier Thursday, Macy's Inc. announced it was closing 11 stores early this year.

Sears located in Midland, Austin and Midland and the Kmart in Portland near Corpus Christi are expected to be shuttered by early April.

To be shut between early March and April are 64 Kmart stores and 39 Sears stores. The closures will be nationwide, but no MS or Alabama stores are on the list.

The Mandeville Kmart, 3555 USA 190, was one of the first businesses to locate at what is now a busy commercial area in the heart of the city.

Business Insider reports the company's sales are down 45% since early 2013. It was the retail chain's 97th store in Pennsylvania. The upcoming round of closures will leave it with fewer than 940 stores, down from 3,510 six years ago.

The latest store closings include Kmarts in Crossville, Goodlettsville and Greeneville, Tenn., and in Statesboro, Albany and Jesup, Ga., and a Sears store in Centerville, Ga.

In 1994, construction of a new Kmart began at the recently completed Sugarcreek Towne Centre development in Sugarcreek.

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