Bismarck, Devils Lake Losing Two More Box Stores

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Sears Holdings said all affected stores will close by the end of April.

Cathy Burwell, president and CEO of the Helena Area Chamber of Commerce, said many national chains are being forced to scale back their operations, but that Sears and J.C. Penney were in particularly hard situations.

Sears Holdings Corp. will close two dozen Sears Auto Centers, including three each in California and Texas, as part of a plan to close 103 stores in the company's latest round of closures announced on January 4. "Companies that are looking to come into Helena would do their own research on the market, and they know what they can attract". However, she said Helena's unemployment rate is now very low, so Kmart employees may have an easier time finding another job.

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Sears stores in Green Bay and Brookfield will, however, be closed in March or April.

The Wisconsin closings did not include the Kenosha Kmart store, 4100 52nd St.

"Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to "right size" our store footprint in number and size", the company said in a press release.

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The company will close 64 Kmart locations and 39 Sears stores.

According to Business Insider, Sears is losing more than $1 billion a year with sales down 45 percent since early 2013, while carrying a debt load $4 billion.

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