Sears Holdings Corporation yesterday confirmed the reported closing of the Kmart at the Indiana Mall, one of 72 stores it intends to shutter, and said inventory liquidations sales will begin a week from today. The planned closures also include the Butler and Rostraver stores in western Pennsylvania.
The Kmart at the Indiana Mall has been in business here since the mall opened in 1979. The Sears store will remain open for now, but the company has acknowledged that there are doubts about the corporation’s survivability as a whole, and that it can remain in business only as long as its creditors’ good will allows them.
