Nevada Losing Two More K-Marts, Says Report

Three more Nevada Kmart stores are closing, likely in September, according to a list of 72 more stores Sears said it would shutter. Sears Holdings Corp. which owns both Kmart and Sears retail stores, is swimming in red ink, and the cutbacks reflect the company’s struggle to meet a $500 million loan debt that matures in July

The list of closing stores, obtained by Business Insider, includes a store in Las Vegas and one in Henderson:

3760 E. Sunset Road, Las Vegas; and

732 S. Racetrack Road, Henderson.

The new stores are among more than 180 closures Sears previously announced this year. Sixteen Sears stores, 49 Kmart stores and seven auto centers are closing. (Subscribe to local news alerts on Patch)

On the earlier list was the store at 10405 South Eastern Avenue in Henderson.

Sears CEO Eddie Lampert told Business Insider that media coverage has unfairly labeled the Sears as a failure, but said the “reality is better than the perception.” He told the Chicago Tribune Sears is “fighting like hell” to stay alive, despite the obstacles of its public relations difficulties.

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