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Santa Stash 2017

Salina K Mart Not Among New Closings

KSAL Staff - August 24, 2017 11:58 am

Sears is going to close over two-dozen more K Mart stores, including one in Kansas, as its earnings and sales continue to fall. The company announced Thursday that it is closing 28 K Mart stores across the country.

Among the K Marts being closed is a location in Topeka, on Wanamaker Road. The store in Salina is not on the list, and will remain open.

The retailer reported that second-quarter earnings fell a dollar and 16 cents a share, which is less than half the loss analysts had forecast. Same-store sales were off eleven and-a-half percent. That’s worse than an expected seven-point-one percent decline.

Prior to Thursday’s announcement, the company has closed 180 Sears and Kmart stores already in 2017 including the Sears store in Salina.

Complete List of Closings

City of Salina