A Kmart and a Sears Appliance outlet, both in the same plaza on Route 5, weren't on the list of closings.
Kmart stores in Ephrata and Lebanon are slated to close in February as part of the announced closure Thursday of 96 Sears and Kmart sites by Transformco, the company that acquired the once-mighty retail chains out of bankruptcy earlier this year. It cites "a hard retail environment and other challenges" as a reason for the latest closures. Going out of business sales at these stores are expected to begin December 2.
The company says 182 of the stores will remain open. "To support these initiatives, our owners (along with a third-party investor) have recently provided the company approximately $250 million in new capital", released Transformco in a media release.More news: Facing arrest, Cambodia's Sam Rainsy says he will return Saturday
KSBY reached out to the City of Atascadero regarding the announcement of Kmart closing there but has not yet heard back.
The announcement does not impact the almost 400 locations that operate as Sears Hometown or Sears Outlet locations, which feature appliances and electronics.
The company added it still expects "to realize a significant return on our extensive portfolio of owned and leased real estate".More news: Sessions, an Alabama icon, faces uncertain path to Senate
"We will continue to evaluate our Sears and Kmart footprint, consistent with our overall retail and service strategy", Transformco said.
The company encourages shoppers to use the store locator function on their websites to find the closest Sears or Kmart location.More news: Jury selected for longtime Trump adviser Roger Stone's trial