(SD)-Rapid City Among Sears Stores Being Closed
RAPID CITY, S.D. (AP) - The parent company of Sears and K-Mart, and Macy's is closing more than 100 stores around the country, including the Sears in Rapid City's Rushmore Mall. Sears Holding Inc says it's closing unprofitable stores as it transforms its business model.
The company says employees at 64 Kmart stores and 39 Sears stores were notified Thursday that it was closing their stores between early March and early April with liquidation sales starting as early as late next week at some stores.
. The company says affected employees will be given severance and the opportunity to apply for open positions at other stores.
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