HOFFMAN ESTATES, Ill. -- In its latest effort to return to profitability, Sears Holdings, the company which owns Sears and Kmart stores, announced another round of store closings Thursday.
The Kmart in Perry on Byron Butler Parkway is among 68 Kmart stores around the country to be shut down. Liquidation sales are scheduled to start May 12, with the closing to occur in late July.
Sears Holdings CEO Edward Lampert called the decision to close stores "difficult" but necessary to focus on existing profitable stores and transforming the business to adapt to ways customers shop.
Employees at stores set to close are eligible for severance, or transfer to other Kmart or Sears stores.
The closing list includes ten Sears stores, though none of them are in the local area. Per the store locator on the Kmart website, Kmart stores remain open in Tifton and Albany, Ga.
