Sears Holdings company which owns both Sears and Kmart has been downsizing for some time now and the store closings continue. Up until now neither one of Sioux Falls' Kmart stores appeared on those closing lists. Until today.

According to Business Insider, Kmart store #7306 which is identified as the East 10th Street store will be closed. Apparently employees were told last Friday with the information that liquidation sales will begin September 22 and stores closing mid-December.

Additionally, Sertiage Growth Properties, which owns 235 Sears and Kmart stores, announced the closing of an additional 17 Kmarts by January, but at this time had not announced which stores would be involved.

You can check out the complete list of stores which are closing by going to Business Insider.

Source: Business Insider & Yahoo Finance

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