POSTED: 1:43 p.m. HST, Dec 29, 2011
LAST UPDATED: 2:12 p.m. HST, Dec 29, 2011
Sears Holding Corp., the owner of Sears and Kmart stores, released a list today of 79 stores it plans to close soon, and no Hawaii stores were on the list.
There are seven Sears and seven Kmart stores in Hawaii.
Florida will be hit the hardest by the closing of Sears and Kmart stores, losing 11.
Ohio, Michigan and Georgia are not far behind with six store closures planned in their states. Tennessee, North Carolina and Minnesota are set to lose four stores each.
A spokeswoman for Sears Holding Corp. said each store employs between 40 and 80 people.
The 125-year-old retailer said on Tuesday it would close up to 120 stores to raise cash.
The projected closings represent only about 3 percent of Sears Holdings' U.S. stores. Sears and Kmart merged in 2005. The company now has about 3,560 stores in the U.S. That's up from 3,500 immediately after the merger, due to the addition of more small stores.
The list of closures is available at http://www.searsmedia.com/tools/122711—close.pdf: