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Kmart in Kenosha to close January of 2020

10 November 2019

Transformco, which purchased all assets of Sears Holdings Corp.in February, announced Thursday it will be shuttering 96 Sears and Kmart locations across the country.

Transform Holdco LLC, the company that owns both Kmart and Sears, recently announced the closure of an additional 96 locations. A total of 182 Sears and Kmart stores will remain open after the closures.

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"We are disappointed that the owners of Sears have made the decision to leave our community, where they have had a loyal and supportive customer base", said Glenn Morris, president & CEO of the Chamber.

Transformco cited "a hard retail environment and other challenges" for the drastic move. The Waterford Kmart on Dixie highway and Lake Point Drive is now scheduled to close in February. Going out of business sales are expected to begin on December 2.

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Owner Transformco has secured $250 million in new capital as it battles to bring the veteran big-box chain and its sibling, Kmart, back from the brink. The company said it expects "to realize a significant return on our extensive portfolio of owned and leased real estate".

McHenry's Sears closed in 2012, although an appliance outlet still operates at 1750 N. Richmond Road.

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The company encourages shoppers to use the store locator function on their websites to find the closest Sears or Kmart location.

Kmart in Kenosha to close January of 2020