The last Sears store in the Lehigh Valley is closing for good

The opening of a revitalized Kmart Store in Des Plaines Ill

Over the past 15 years, the company has closed 3,500 Sears and Kmart stores and eliminated about 250,000 jobs.

Going out of business sales at the 96 stores are expected to begin on December 2 - just in time for the holidays.

The company has faced "a hard retail environment and other challenges" since the acquisition, according to a notice it released.

Transformco acquired the majority of Sears Holdings Corp.'s assets early this year, and it now plans to shutter 96 Sears and Kmart stores.

Kmart used to be a go-to store for shoppers - now some of the last of the stores are closing here in the metro Detroit area.

Kmart is shutting down its last two stores in southeast MI in Warren and Waterford Township. The company said it expects "to realize a significant return on our extensive portfolio of owned and leased real estate".

Transformco's assets include Innovel, which provides logistics solutions to businesses and consumers; Sears Home Services; Shop Your Way; and the Kenmore and Diehard brands. The company also recently snapped up Sears Hometown, a network of more than 400 independently-owned, dealer-managed smaller-format stores that specialize in home products including appliances, lawn and garden, tools and sporting goods.

The Sears in West Dundee's Spring Hill Mall is set to close by February, its parent company announced.



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