Parent company of Sears & Kmart announces 100-plus stores to close; no word yet if NSB Kmart will survive
NSBNews.net photo by Henry Frederick / Whether the Kmart here on State Road 44 is among the 100 to 120 stores targeted for closing by its parent company, Sears Holding Corp. remains to be seen. An announcement was made Tuesday that the store closings, both Kmart and Sears, are the result of lackluster Christmas sales among its 4,000 stores nationwide. NEW SMYRNA BEACH -- News today that as many as 120 K-Mart and Sears stores are going to be closed sent a shudder here where the Kmart on State Road has become a lifeline for nearby residents, especially with Walmart closing at the NSB Regional Shopping Center to make way for the Walmart super center further west near the I-95 interchange.
"I think it's sad," 63-year-old Katherine Zow told NSBNews.net as she was heading home a short distance away. "This is an affordable place to shop and we need it now more than ever because the Walmart moved."
