Will Dothan Be The Victim Of Sear's and Kmart Store Closing?Rickey Stokes
Posted by: RStokes
Date: Dec 27 2011 11:43 AM
Between 100 and 120 Sears and Kmart stores will be closed, the retailer said Tuesday, after terrible holiday sales during what is the most crucial time of the year for retailers.
Sears has yet to determine which stores will be closed, but there has been a clear shift in where the retailer will devote its resources.
The company is moving away from its practice of propping up "marginally performing" stores in hopes of improving their performance. Sears said it will now concentrate on cash-generating stores
Dothan has a Sear's on West Main Street with a Sear's Warehouse on Ross Clark Circle. Dothan has two Kmart stores, one on the southside and one on the northside of Dothan.
Time will tell what the future holds for Dothan stores.