Business & Tech

Eldersburg Kmart Slated to Close

The closing was announced on an updated list released by Sears Holding Corp. Thursday.

The Eldersburg , located in the Carrolltown Mall, has been added to the list of stores to be closed by Sears Holding Corp.

The company published a list of 15 Kmart and Sears stores to be closed on its website Thursday, in addition to 79 stores announced in December. 

Details on when the location would close were not announced. 

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The  located at 7200 Baltimore National Pike in  is the only other Maryland store slated to closed. 

After a disappointing year, Sears Holding Corp. announced in December that it was closing more than 100 Kmart and Sears stores, according to a company statement. 

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The closings are aimed at “marginally performing” stores and are expected to generate $140 to $170 million of cash as the net inventory in these stores is sold, according to a company statement. 


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