Sears Holdings to close 5 Kmart stores in Ohio in January 2018

Another five Kmart stores will close in Ohio this month.

Sears Holdings, which owns Kmart and Sears stores, informed associates that another 45 Kmart stores and 18 Sears stores will close in late January. Five Kmart locations in Ohio were identified as impacted stores. No Sears locations in Ohio were impacted by this round of closures. Sears Holdings already closed more than 350 stores in 2017.

The impacted Ohio stores are located in St. Mary’s, Cleveland, Oregon, Austintown and Hillsboro.

“We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members,” the company said in a statement.

Sears has several locations in the Miami Valley, including anchor stores at the Dayton Mall and the Mall at Fairfield Commons and the Miami Valley Centre Mall in Piqua. All local Kmart stores have already closed.

FIVE FAST BUSINESS READS

• Newborn boy, first of 2018, born at Wright-Patterson Medical Center

• Woman convicted of teen slaying in Dayton released on Christmas Day

• No more waiting? Kroger looking to eliminate checkout lanes

• Currency of the future? Some argue it's bitcoin

• Southwest Airlines adds new flight at local airport