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Sears plans to shutter four Kmart stores in California

Discount chain to close a total of 28 across the country

Inside of a Kmart store (Getty Images)
Inside of a Kmart store (Getty Images)

Kmart is heading for the exits again.

Parent company Sears Holdings Corp. announced Thursday that it will close 28 more Kmart stores, including four in California, by November. The company has previously made plans to cut 330 Sears or Kmart locations this year.

The Kmart at 10400 Rosecrans Avenue in Bellflower and at 23222 West Valencia Boulevard in Valencia are among the four expected to close in California, the Pasadena Star News reported.

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A location in Hesperia and Jackson are the other two stores closing this year.

Sears Holdings has been trying to cut costs by shuttering stores as it faces declining sales and profits.

In March, the firm said there was “substantial doubt” that it would be able to continue operating. [PSN] — Subrina Hudson

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Commercial Real EstateRetail