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Giant Department Store Chain To Close More Than 100 Stores, Including One On Central Coast

(Logo courtesy Sears Holdings)

A financially troubled department store chain has announced it will close more than 100 stores, including one on the Central Coast.

Sears Holdings says it will close 64 K Mart stores, and 39 Sears stores. The list includes the K Mart on the 1000 block of Branch Street in Arroyo Grande. That shutdown is expected to happen in April.

Sears has been struggling for years, and has closed about half of its brick and mortar locations. As of last fall, the company had about 1100 stores around the country.

Lance Orozco has been News Director of KCLU since 2001, providing award-winning coverage of some of the biggest news events in the region, including the Thomas and Woolsey brush fires, the deadly Montecito debris flow, the Borderline Bar and Grill attack, and Ronald Reagan's funeral.