Sears to close 2 stores in Arkansas; 2 full-line locations remain in state

Posted: November 3, 2017 at 4:30 a.m.

Arkansas Democrat-Gazette/BENJAMIN KRAIN --7/28/2016-- A giant pile of letters from an 8 foot tall Sears sign lays on the sidewalk near the enterance as an employee, who said he was not allowed to give his name, removes the few reamining shelves, racks and display items from the former department store on University Ave. in Little Rock.

Sears stores in Fayetteville and Fort Smith are being shuttered as part of another round of store closures.

Sears Holding Corp. informed employees of its decision to shut 63 additional stores -- 45 Kmart locations and 18 Sears stores -- on Thursday. Employees will receive severance pay and have the opportunity to apply for open positions at remaining Kmart or Sears stores.

The Fayetteville and Fort Smith stores will remain open until late January. The auto centers at the stores will close in December.

Sales and traffic have declined for years, forcing Sears to close hundreds of stores and sell assets including its Craftsman line of tools.

The latest round will leave in Arkansas full-line Sears locations in Hot Springs and North Little Rock and Kmart stores at Cabot and Russellville, according to the company's website.

Business on 11/03/2017