There is currently one KMart in Sacramento, located near the intersection of Stockton Boulevard and Lawrence Drive. When October comes around, the nearest KMart to Sacramento will be in Auburn.
The Sacramento KMart location was included in a list of 72 Sears and KMart stores that are scheduled to be closed in September, according to a memo from Sears obtained by Business Insider.
Sears already announced 150 store closures in January and announced another two dozen in May. Sears locations at Florin Road, Arden Fair, Sunrise Mall and the Roseville Galleria will be spared by the recent round of cuts, according to Business Insider.
Sears’ cuts are happening in light of a steep decline in revenue over the past five years. According to marketwatch.com, the company’s revenue has fallen from $39.85 billion in 2013 to $22.14 billion in 2017.
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