Several South Jersey Kmart and Macy’s Stores Scheduled to Close
Shoppers in South Jersey will have to change their shopping habits soon as several Kmart and Macy's stores are set to permanently close.
Sears Holding Corporation, which owns both Sears and Kmart, has announced another round of store closings as the once giant retailer faces massive financial problems. According to a list obtained by Business Insider, the company will shut down a total of 108 Kmart stores and 42 Sears stores across the country by April. Locally, the Kmart stores in Pleasantville, Rio Grande, and Clementon will be closing in just a matter of months. There are no Sears stores scheduled to close in South Jersey.
Meanwhile, Business Insider also reports Macy's is also closing several dozen stores across the country as a result of slowing sales and on-line competition, which will leave about 4,000 people looking for work. In South Jersey, the Macy's locations in Moorestown and Voorhees will shut-down. Clearance sales at these locations are reported to being this coming Monday, January 9th, and will run for 12 weeks.