Peru, IN - Sears/Kmart has told employees earlier this week that 80 Sears and Kmart locations across the US will shut by March, with liquidation sales to begin in early January 2019. The Peru Kmart was among the locations announced for closure.
This comes after the announcement that 142 store closures when the company filed for bankruptcy in October 2018 and another round of 40 closures in November 2018.
Peru Indiana Today attempted to contact the manager of the Peru Kmart location and was advised that employees have been instructed not to comment on the closure.
This round of closures will leave the company with a little more than 400 stores, which Chairman Eddie Lampert is now trying to purchase using his hedge fund, ESL Investments.
The Peru location is the only location in Indiana affected by this round of closures. This leaves just nine locations left in Indiana including the Kokomo Kmart on N. Dixon Road.