Kmart closing in August

KAILUA-KONA — A liquidation sale at the Kailua-Kona Kmart will begin Thursday in advance of its closure planned for early August, the store’s parent company announced Friday.

The announcement comes nearly a year after the store’s Maui location closed in June. One month later, the Honolulu Star-Advertiser reported the store’s last Oahu location would close later that year.

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The announcement to close the Kailua-Kona location, which opened in November 1994, leaves the state with just one store on Kauai.

“We have been strategically and aggressively evaluating our store space and productivity, and have accelerated the closing of unprofitable stores as previously announced,” said Sears Holdings spokesperson Larry Costello.

Sears Holdings Corp., of which Kmart is a subsidiary, said in a statement announcing the closure that the number of employees “is not publicly available,” but those eligible will receive severance and be able to apply for open positions at area Sears or Kmart stores.

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The most recent company statement related to store closings available on the Sears Holdings website is from January, when the company announced that it was closing 64 Kmart stores and 39 Sears stores between early March and early April.

The list of affected stores included locations in more than two dozen states, although no Hawaii stores were on that list.

  1. KonaDude May 14, 2018 8:15 am Reply

    That building might make a good homeless shelter..


    1. antifaHI May 15, 2018 12:28 am Reply

      Which would be a death sentence for the remaining stores and cinema.


  2. Shylo Saragosa May 14, 2018 8:54 am Reply

    What isn’t stated is the fact that Liliuokalani Trust didn’t want to renew Kmart’s lease. However, it’s not like the signs weren’t showing, it’s just too bad one of America’s oldest discount stores could no longer remain competitive. That’s what happens when you lose touch with your consumer base, not invest back into your stores and fail to differentiate yourself from the competition. So long Kmart, it was nice knowing you…


    1. Aaron Stene May 14, 2018 5:55 pm Reply

      I suspected the lease would be expiring around the same time as the store on Kauai (2019). It also doesn’t surprise me that QLT decided not to renew the lease.


  3. Dan May 14, 2018 9:09 am Reply

    Sears Holdings was always a disaster since Eddie Lampert took over the reigns as CEO. His shell game scam of his Real Estate Investment Transaction (REIT) cost the company an additional $40 mil after he was caught cheating shareholders. The signs have been there at Sears and Kmart for more than 10 years, and yet for all the people who will lose their jobs, Eddie will claim it as a write off. Can’t make EBITDA, too much floor space and online retail put the nail in the coffin for Sears Holdings.


  4. L R G May 15, 2018 6:20 am Reply

    Turn the building into a indoor go cart racing/arcade for kids to go , there’s nothing here for teens to do that’s why they get in trouble or pregnant…their bored …why not have something good come out of this closing of yet another retail business in Kona!


  5. GarfieldFan May 15, 2018 11:53 am Reply

    Disgusting! I love Kmart.


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