After Much Speculation Bankruptcy Claims Kennewick Sears
Besides a long list of K Mart Stores, Sears Holdings (the parent company of the the two retail franchises) announced Friday 80 more Sears stores will close in March, including the Columbia Center location in Kennewick.
Sears has been fighting off bankruptcy for several years, in October they filed for Chapter 11 reorganizational bankruptcy in and order to try to save the chain.
Some 142 stores (K Mart and Sears) will be closing out of 700, a previous 40 unprofitable store closings were announced in the fall.
Many had speculated Kennewick would survive because of our strong economy, but unfortunately, one of the cornerstones of Columbia Center will be going away.
The store will close in March, and the auto center in January. Employees were told December 27th.
click here to see a list of all the latest closures coming in March.