Jasper K-Mart on Store Closing List from Sears Holdings as part of Chapter 11 bankruptcy

(NNDC) Sears Holdings plans to close another 142 unprofitable stores, as part of its Chapter 11 bankruptcy, on top of 46 store closings announced in August.  Jasper Indiana is on that list for store closings.

Indiana

430 W Ridge Rd Griffith, IN 46319-1095 (El Centro Mall)

723 3rd Ave Jasper, IN 47546-3639

 

Liquidation sales at the additional stores are expected to begin within two weeks, according to a court filing.

“As we look toward the holiday season, Sears and Kmart stores remain open for business and our dedicated associates look forward to serving our members and customers,” Sears chairman Eddie Lampert said in a statement.

The company has 687 stores remaining, including Kmart locations.

It’s possible more stores – even all stores – could end up closing if the company fails to reach a viable restructuring agreement in bankruptcy.

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