Four Kmarts in Minnesota to close; no N.D. stores on the list

December 29, 2011 at 8:26 am in Grand Forks Herald

Sears Holdings Corp. announced Tuesday that it would close 100 to 120 Kmart and Sears, a move that is expected to generate $140 to $170 million of cash after selling the stores’ inventory. As of Dec. 25, Kmart sales were down 1.8 percent and Sears sales had dropped 3.3 percent for the year. A Thursday announcement included 79 locations that would be closed in 2012, including Kmarts in Willmar, New Hope and White Bear Lake in southern Minnesota. Continue Reading