Kmart in Rehoboth to close

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The Kmart in Rehoboth will close along with 95 other stores across the country after parent company Sears secured a $250 million lifeline following mounting losses of sales from department stores nationwide. “Since purchasing substantially all the assets of Sears Holdings Corporation in February 2019, Transformco has faced a difficult retail environment and other challenges,”…

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Sears in Salisbury to Close by Late March

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The Sears at the Centre at Salisbury will be closing in late March.聽 Sears Holdings announced the closing of 80 more Sears and Kmart stores nationwide to accelerate its strategic transformation and facilitate its financial restructuring.聽 Corporate officials say liquidations sales at these stores are expected to begin in two weeks.聽 The automotive center at…

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