Charlottesville escapes first wave of Sears/Kmart closings
The company that runs over 3,500 Sears and Kmart stores has released a list of nearly 80 locations that will close; and while Virginia did not escape intact, Charlottesville did.
The first list– released on Thursday, December 29– shows Florida as the hardest hit state with 11 stores on the list of 79 closures. Stores in Norfolk, Richmond, and Midlothian will be shuttered to save money for the struggling big-box company.
The company, Sears Holdings Corporation, the nation's 4th largest retailer, has announced that it may close as many as 120 stores to trim corporate losses.
A download of the preliminary list of closures: http://www.searsmedia.com/tools/122711_close.pdf