Rumor has it, store closures between 64 - 80. MS store not out of the woods yet, until Sears Holdings announce publically all stores being closed.
Looks like Muscle Shoals Kmart survived another round of Cuts, So Far, cuts still to be announced by Sears Holdings. Erosion of market share & no operating money, as cause for closures. 2 closures in Alabama are Cullman & Gardendale. 6 in Tennessee.
Moody's analysts warned this week that Kmart doesn't have enough cash or access to cash to stay in business. Kmart has about 870 stores today, down from about 1,300 in 2012.
Sears has not yet made an official announcement publically, but only to those stores being closed. They are to begin clearance sales on Sept. 22 and final closure mid Dec. 2016.
Business Insider's complied a list for 60 stores here; ( BI will update stores as they become available)
http://www.businessinsider.com...tores-closing-2016-9
Updated - 64 stores with map of locations;
http://www.businessinsider.com...ons-clearance-2016-9