Taft Kmart set to close

Taft Kmart set to close

Sears Holding's Thursday press release said that 64 Kmarts and 39 Sears stores across the nation will close by April of 2018.

According to a release, the stores located at 1477 MacCorkle Avenue in St. Albans and 5636 U.S. Route 60 East in Huntington are among the closings. A voice mail message at that number referred reporters to the document of store closings.

According to the company's statement, liquidation sales are set to begin as early as January 12 at some stores. Others that will remain open are in Erlanger, Russell Springs, Grayson and Somerset. The nearest ones were in Marshalltown and Cedar Rapids.

The new closures come after Kmart locations in Boardman and Warren have closed, as well as Sears stores in Salem, Hermitage, Austintown and New Castle.

The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Sears Hldgs Corp (NASDAQ:SHLD) has a current PEG of 0.

Sears opened at Crossroads on March 24, 1969, predating the opening of Crossroads Mall in 1970.

The manager of the Waterloo Sears store in 2011 told The Courier his store was one of the top-performing stores in the country.

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