Kmart in Arroyo Grande to close early this year

Liquidation sales will begin as early as January 12 at the more than 60 Kmarts closing across the country.

There are no Minnesota stores in this round of closures, though two Sears locations in Wisconsin are affected, in Green Bay and Brookfield. The Gateway Street store in Springfield is also on the closure list released Thursday.

Two of them that will impact the local area are, the Kmart in Devils Lake, North Dakota and the Sears in the Bismarck area. Sears relaunched its Wish Book catalog online late a year ago.

The move comes in addition to closing about 250 stores announced a year ago. The stock closed Friday at $3.48, down 2.79 percent.

Sears has been selling off some its real estate and brands as it tries to raise cash.

Sears closing over 100 stores, including Hanford
Mandeville Kmart to close as part of national chain's downsizing

"This closing opens up the door for some redevelopment so we have the opportunity to reinvent this anchor store, and help reinvigorate the Houston Galleria", Hogan said.

The closures in Springfield and Portland will leave four Sears in OR, with the closest to Lane County in Salem.

Sears Holdings announced Thursday that it will be shuttering over 100 more stores - including Kmarts in Butte and Helena.

Sears chief financial officer Rob Riecker said in a recent conference call with analysts that the retailer would be focusing on improving the customer experience in its remaining stores.

Sue Gill, 58, of Beachwood, N.J., about a mile from Toms River, said she will miss the Sears there, where she shops at least once a month. "A lot of people do online shopping nowadays".

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