UPDATE: East State Street Kmart to close this weekend

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Updated August 29, 2018, 2:20 p.m.

UPDATE: ROCKFORD, Ill. (WIFR) -- Kmart on East State Street is closing its doors for good this weekend.

Shoppers have until Sunday to catch last minute deals.

It comes after Sears Holdings announced a wave of closures earlier this year.


STERLING, Ill. (WIFR) - The Sears Hometown Store in Sterling will close July 23.

A store manager confirmed the closing along with the Hometown Store in Plano.

Sales at the store are up to 70% off. You can check out the sales here.


Updated May 31, 2018, 2:10 p.m.

ROCKFORD, Ill. (WIFR) - Sears says it is closing several Kmart and Sears stores.

The company says the Kmart at 5909 E. State Street will close in early September.

The employees of 15 Kmart stores and 48 Sears stores have been notified.

Sears says a small group of stores on the list of 72 have been pulled for further evaluation. At this time, the Sears at the CherryVale Mall is not on the closing list.

For the full list of stores closing, see the related links section.


Posted May 31, 2018, 6:02 a.m.

NEW YORK (AP) -- Sears is closing another 72 stores after reporting first-quarter losses and plunging sales.

The struggling retailer said Thursday that it has identified about 100 stores that are no longer turning profits, and 72 of those locations will be shuttered soon.

Sears Holdings Corp., based in Hoffman Estates, Illinois, lost $424 million, or $3.93 per share, in its first quarter.

It earned $245 million, or $2.29 per share, a year earlier, a quarter that included a $492 million gain tied to the sale of the Craftsman brand.

Revenue tumbled more than 30 percent to $2.89 billion, with store closings already under way contributing to almost two thirds of the decline.

Shares are down more than 3 percent before the opening bell.