Central Florida's last Kmart will close this spring

Local Kmart store to close

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The Mandeville Kmart on Highway 190 is one of the stores shutting down in 2018. Those two locations were operated under the Sears brand but were not owned by Sears Holdings. They'll be shuttered between early March and April.

The company has released a new list of 103 Sears and Kmart stores it will be closing by this spring, 10 Kmart stores closing are in Pennsylvania and three Sears.

Sears Holding, the parent company of both retailers, made the announcement Thursday.

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Liquidation sales will begin as early as January 12 at the stores being closed, the company stated.

More of the closures, including 64 Kmart stores and 39 Sears stores, will occur in early April.

Third-quarter 2017 revenue totaled about $3.7 billion compared with $5 billion for the third quarter of 2016. The company says the exact number of employees affected is not available, but a majority of the jobs are part-time. Following is a complete list of the impacted stores. "Kmart comparable store sales decreased 13 percent, while Sears comparable store sales declined 17 percent".

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