The parent company, owned by Sears and Kmart, announced plans to close 96 stores by February 2020 to streamline operations. Many of them are in California.
Transformco said in a press release that the company was "exposed to a challenging retail environment," but continues to take measures to maintain its stronger business operations.
"We worked hard to position Transformco for success by focusing on" Our competitive strengths and our austerity measures, which have come under pressure due to increasing competition and other factors, "the press release said.
In addition to the closures of the branches, Transformco has received $ 250 million in funding from its owners and a third party party investor to support the company's initiatives.
Twenty-eight Sears and Kmart sites scheduled to close are located in California. A complete list of all states can be found here.
Business start-up is expected to end on 2 December, press release said.
After the closure remains at Transformco 1
"We will strive to add value, brands and other assets through a strategic combination of our higher-performing retail stores and our service businesses, and expect a significant return on our extensive portfolio of own and leased real estate," the press release said.
Closing of California Sears Stores
- 3755 Santa Rosalia Drive, Los Angeles
- 40710 Winchester Road, Temecula
- 3295 East Main St., Ventura
- 12121 Victory Blvd., North Hollywood
- 1209 Plaza Drive, West Covina
- 3636 North Blackstone Ave., Fresno
- 8150 La Palma Ave., Buena Park
- 5261 Arlington Ave., Riverside
- 565 Broadway, Chula Vista
- 100 Inland Center Drive, San Bernardino
- 1178 El Camino Real, San Bruno
- 2180 Tully Road, San Jose
- 5080 Mon tclair Plaza Lane, Montclair
- 22550 Town Circle, Moreno Valley
- 72-880 Highway 111 , Palm Desert
- 3350 NAGLEE Road, Tracy
- 3501 South Mooney Blvd. Visalia
- 200 Town Center East, Santa Maria
- 14420 Bear Valley Road, Victorville
Closing the Kmart Stores
- 2155 Pillsbury Road, Chico
- 261 North McDowell Blvd., Petaluma
- 491 Tres Pinos Street, Hollister
- 5100 Clayton Road, Concord
- 7840 Limonite Ave., Riverside
- 3980 El Camino Real, Atascadero
- 895 Faulkner Road, Santa Paula
- 1200 North Main Street, Bishop  270 Mount Hermon Road, Scotts Valley