Sears Stores Closing
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The Sears store in the Nittany Mall is closing. The anchor store at the mall on East College Avenue in College Township was among a list of 18 Sears stores and 45 Kmart stores that will close by the end of January 2018, company officials said Thursday. Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size. "In the process, as previously announced, we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members." Sears officials said stores will remain open through Christmas, but liquidation sales will begin late next week. The Sears store on Oakland Avenue in the Indiana Mall also is closing. The Sears Auto Center will close at the end of the year, while the rest of the store will the following month.