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By Brad Tuttle
November 9, 2018
Customers search for bargains at the Sears store closing in the New York borough of the Bronx.
Customers search for bargains at the Sears store closing in the New York borough of the Bronx.
Richard Levine—Corbis via Getty Images

The Sears store closing list keeps getting bigger. This week, Sears Holdings, which owns Kmart alongside its flagship retail brand, announced 40 more Kmart and Sears stores will close in the near future.

The latest Sears store closures come during a brutal period for the iconic retailer, which filed for bankruptcy in mid-October and had previously announced several other rounds of store closures and liquidation sales in 2018.

It’s been difficult to keep track of all the Sears stores closing over the past few years. According to Business Insider, by February 2019, when the latest Sears store closures will be completed, there will be only about 500 Sears and Kmart stores still in business. That’s a sharp decline compared to 2013, when there were about 2,000 Sears-owned stores in operation.

Liquidation sales are in effect at all of the previously announced Kmart and Sears store closures, and the company says that the 40 new stores set to be shut will begin hosting going-out-of-business sales next week.

Are There Good Deals at Sears Liquidation Sales?

Generally speaking, liquidation sales start with mediocre to decent discounts, and the deals get better and better as time passes. In other words, the longer you wait until the Sears store actually closes, the lower the prices will be. Unfortunately, the selection also gets worse the longer you wait, because the stores will have been picked over by customers for weeks.

Last month, we browsed one of the Sears liquidation sales soon after it began and were mostly underwhelmed with the deals. While clothing and shoes were 50% off their regular (inflated) prices, the items Sears shoppers tend to want the most — tools, home appliances — were discounted by 10% to 30%, which isn’t that different than what shoppers expect from regular sales posted in weekly circulars.

What Kmart and Sears Stores Are Closing?

As mentioned above, dozens of Sears and Kmart stores are already well into the process of liquidating, with closures set to be completed by the end of the year. The newest Sears store closing list below focuses on 40 more Sears and Kmart stores set for closure by February 2019:

Alaska

Sears: Airport Way, Fairbanks

Arizona

Sears: 4604 E. Cactus Road, Phoenix

California

Sears: La Cumbre Plz., Santa Barbara
Kmart: 26471 Ynez Road, Temecula

Connecticut

Sears: 470 Lewis Ave., Meriden

Florida

Sears: 801 N. Congress Ave., Boynton Beach
Sears: 3342 N.W. Federal Hwy. U.S. 1, Jensen Beach

Idaho

Sears: 2300 E. 17th St., Idaho Falls

Illinois

Kmart: 3443 W. Addison, Chicago
Kmart: 3250 Clear Lake Road, Springfield

Indiana

Sears: Marquette Mall, Michigan City

Maine

Kmart: 18 Elm Plaza, Waterville

Maryland

Sears: 7103 Democracy Blvd., Bethesda

Michigan

Sears: 5575 B Drive N., Battle Creek

Mississippi

Sears: 1740 Bonita Lakes Circle, Meridian
Sears: 1001 Barnes Crossing Road, Tupelo

North Carolina

Sears: 3320 Silas Creek Pkwy., Winston-Salem

Nebraska

Sears: 3404 W. 13th St., Grand Island

Nevada

Sears: 4355 Grand Canyon Dr., Las Vegas

New York

Sears: 3065 Route 50, Saratoga Springs
Sears: 21182 Salmon Run Mall, Watertown
Kmart: 805 New York Ave., Huntington

Ohio

Sears: 987 E. Ash St., Piqua

Pennsylvania

Sears: 1665 State Hill Road, Reading / Wyomissing
Sears: 344 Stroud Mall, Stroudsburg
Kmart: 7101 Roosevelt Blvd., Philadelphia
Kmart: 1901 Lincoln Hwy., North Versailles

Puerto Rico

Kmart: Castro Perez Ave. (Pr 122), San German
Kmart: 100 Ave. San Patricio, Guaynabo / San Juan
Kmart: Betamces 400, Las Catalinas Mall, Cuagas

South Carolina

Sears: 2197 Dave Lyle Blvd., Rock Hill

Tennessee

Sears: Southland Mall, Memphis
Sears: 401 Northgate Mall, Chattanooga
Sears: 198 Foothills Mall, Maryville
Sears: 1720 Old Fort Pkwy., Murfreesboro

Texas

Sears: 750 Sunland Park Dr., El Paso
Sears: Longview Texas Mall, Longview

Virginia

Sears: 10101 Brook Road, Glen Allen / Richmond

Washington

Sears: 2500 Milton Ave., Janesville

Wisconsin

Kmart: 6077 S. Packard Ave., Cudahy

Advertiser Disclosure

The purpose of this disclosure is to explain how we make money without charging you for our content.

Our mission is to help people at any stage of life make smart financial decisions through research, reporting, reviews, recommendations, and tools.

Earning your trust is essential to our success, and we believe transparency is critical to creating that trust. To that end, you should know that many or all of the companies featured here are partners who advertise with us.

Our content is free because our partners pay us a referral fee if you click on links or call any of the phone numbers on our site. If you choose to interact with the content on our site, we will likely receive compensation. If you don't, we will not be compensated. Ultimately the choice is yours.

Opinions are our own and our editors and staff writers are instructed to maintain editorial integrity, but compensation along with in-depth research will determine where, how, and in what order they appear on the page.

To find out more about our editorial process and how we make money, click here.

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