Business

Kmart in North Plaza Mall to close in early 2019

Big Kmart North Plaza MallOne of America’s biggest retail companies has announced plans to close more than 80 stores.

Sears/Kmart announced on Friday that they would be closing the affected locations by the end of March 2019.

One of the stores on the chopping block is the Kmart/Big-K located in North Plaza Mall in Carney.

Liquidation at these locations is expected to begin within the next two weeks.

Friday’s news comes as Sears, the 125-year-old iconic department store, and its Kmart chain, could be down to the final hours, according to CNBC.

WBAL-TV reports that Sears Holdings’ last chance at survival comes down to a possible $4.6 billion proposal by Chairman Eddie Lampert.

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Lampert has a deadline of 4 p.m. on Friday, December 28, to submit a bid.

The Carney Kmart/Big-K that will be closing is located at 8980 Waltham Woods Road (21234).

For a full list of the stores that will be closed, click here.

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