Kmart and Sears stores in Maine were spared Thursday when Sears Holding Corp. released a list of 79 planned store closings.
The company announced earlier this week it would close between 100 and 120 stores among its Sears and Kmart holdings.
The store closings announced Thursday are short of that number and it was unclear whether Sears planned to add to the list. The company only said updates would be posted as they become available on www.searsmedia.com.
In central Maine, there are Kmart stores in Augusta, at 58 Western Ave., and in Waterville, at 18 Elm Plaza, according to the store website. There is a Sears store on 10 Whitten Road in Augusta, according to the website, as well as Sears Hometown stores at 192 College Ave. in Waterville, 90 Moosehead Trail in Newport and at 632 Wilton Road in Farmington.
Sears Holding Corp. cited dismal holiday sales as the reason for the closures. The company said it wanted to focus on its cash-producing stores rather than propping up stores with poor sales and hoping revenues will improve.
Sears and Kmart merged in 2005. The projected closings represent only about 3 percent of Sears Holdings’ U.S. stores.
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