The shedding of retail jobs continues, with the latest round of Sears and Kmart store closures set to cost more than 1,600 Californians their jobs, including 304 at three Bay Area locations: a Kmart in Concord, and Sears stores in San Jose and San Bruno.
Transform Holdco, which took over Sears and Kmart, announced last month that it would be closing 96 stores early next year. In its letters to the State Employment and Development Department required under the WARN Act, it cited “a change in business circumstances” for the closures.
The closures will affect 70 employees at the Kmart on Clayton Road in Concord, 125 at the Sears on Tully Road in San Jose and 109 at the Sears on El Camino Real in San Bruno. The stores have been holding going-out-of-business sales since the beginning of December and are scheduled to close in February, with the job cuts’ effective date set for Feb. 16.
Another Bay Area store, a Kmart in Petaluma, was on a list of store closings circulated by Transform last month. The state has not received a filing or letter about the number of jobs that will be slashed at that store.
The company has not returned a request for comment Monday.
Sears Holdings, which operated the Sears and Kmart brands, filed for Chapter 11 bankruptcy protection in October 2018. Hundreds of stores have been closed since then, and in February 19, Transform bought most of Sears Holdings’ assets, which included 223 Sears and 202 Kmart stores plus Sears Auto Centers and well-known brands such as Kenmore and Craftsman, for $5.2 billion.
In its announcement last month of the additional store closures, Transform said it “has faced a difficult retail environment and other challenges,” and that after the latest round of closings, it will operate a total of 182 stores.