The last full-sized Sears department store in Arkansas will close by February 2020, alongside 95 other stores nationwide, the company’s owner announced Thursday.
The last location, in North Little Rock, joins other recently closed stores in Little Rock, Fayetteville and Fort Smith.
Transformco, which bought Sears Holding Corporation in February, said it’s provided the company $250 million since the purchase. It called the closures a “necessary decision to streamline our operations.”
The 96 stores closing include both Sears and Kmart locations and are spread across the country. After the closures, Transformco said 182 stores will remain open.
In Arkansas, many Sears Hometown stores will remain after the closures. Theses stores have been independently owned and operated, though Transformco said in the release an affiliate recently acquired the network of Hometown stores.
Most only offer items like appliances, tools and sporting goods, not clothes or household goods like the department store locations.