Thursday, December 29, 2011

Idaho Falls Sears, Ammon Kmart spared in first round

Sears Holdings Corp. has released a preliminary list of Sears and Kmart stores to be closed, and the only one in Idaho was a Sears store in Lewiston.

The list, released this afternoon, named 79 stores. The company announced Tuesday it would be closing 100 to 120 stores because of poor performance. Through Christmas, Kmart sales were reported down 4.4 percent and Sears sales were down 6 percent.

The press release said the stores being closed typcially employ 40 to 80 people. Here is a link:

http://searsholdings.com/about/122711_close.pdf