Salina, KS

Now: 76 °

Currently: Clouds

Hi: 101 ° | Lo: 65 °

Salina K Mart Not Among New Closings

KSAL StaffAugust 24, 2017

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

Copyright © Meridian Media, 2022. All Rights Reserved. No part of this story may be reproduced without Meridian Media’s express consent.

CATEGORIES :


STAY IN TOUCH!

GET OUR APP!

LATEST POSTS

Algae Prompts 16 Health ...
August 12, 2022Comments
Free ‘Teaching 101&...
August 11, 2022Comments
Prevention Key to Avoidin...
August 11, 2022Comments
Cash, Video Equipment Sto...
August 11, 2022Comments

LATEST TWEETS

Read all tweets