Sears, Kmart: Douglasville Store Slated For Closing In Georgia

DOUGLASVILLE, GA — Transformco, the parent company of Sears and Kmart, announced Thursday it plans to shut another 96 stores by February; one of those locations appears to be in Georgia. The latest round of closures is expected to shutter 51 Sears stores and 45 Kmart location across the nation. In the last 15 years, Sears and Kmart have closed more than 3,500 stores.

Neither retailer has yet specified the locations that will be closed, but for now, nothing is off the table. USAToday reports that it has the list of 96 store closings.

Here is the Sears location targeted:

• Douglasville Sears: 6580 Douglas Blvd.

There are no Kmart locations on the closing list in Georgia, the newspaper reports:

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It's not all bad news for the national retailers, though, Transformco also said Thursday that it had secured a $250 million lifeline that should help the company better focus on its "competitive strengths."

The latest Sears and Kmart going out-out-of business sales are set to begin on Dec. 2, according to Transformco.

Sears and Kmart are part of a growing list of brick-and-mortar establishments that have seen a nosedive in revenue and popularity with the emergence of e-commerce companies such as Amazon and Walmart. In what analysts have dubbed the retail apocalypse, the beloved chain Toys R Us was likely the most high-profile retail closure in the past year, closing 735 stores nationwide.

In early September, Bed Bath & Beyond said it would close some stores and overhaul others ahead of the 2019 holiday shopping season.