Kmart is closing 64 stores across 28 states, and laying off thousands of employees, Business Insider reports. Employees of affected stores told BI that liquidation sales will start September 22 and doors will close before Christmas. This is the second round of 60+ store closures for the retailer in 2016. Sears Holdings, which owns Kmart, announced in April that 68 Kmart and 10 Sears stores would close. Previously, the company announced 50 other stores would close. So far, there is no announcement on Sears’ website of the closures.
