Scoop: Kmart to close its last remaining store in Hawaii

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Kmart is closing its last store in Hawaii, which is located on the island of Kauai, according to public documents released Thursday.
Located at Kukui Grove Center in Lihue, the Kmart store was the last remaining store to be open in the state.
The Sears Holding-owned store chain said Thursday that the closure is part of its ongoing efforts to streamline the company’s operations and focus on its best stores.
Sears has identified about 100 non-profitable stores, many of which will begin store closing sales in the near future.
The company said that it informed associates at 15 Kmart stores and 48 Sears stores that it will be closing these stores in early September. Eligible associates impacted by these store closures will receive severance and will have the opportunity to apply for open positions at area Kmart or Sears stores.
Liquidation sales will begin as early as June 14 at these closing stores.
Sears also recently announced that it will close its Kailua-Kona location on the Big Island this summer. That announcement left just the Kauai store as the only one to be open in the Islands.
The Sears-owned company has been on a downward spiral, as online retail giants like Amazon grab more and more retail market share throughout the years.

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