Date set for liquidation sale and closing of Sears at Oxmoor Center
The reason Sears says it is closing many larger stores.
LOUISVILLE, Ky. (WDRB) -- The Sears store at Oxmoor Center only has a few months left.
The store is slated to close in mid-January 2018, Sears said Friday, in response to a WDRB News email. Store employees said they've been told the last day open is January 14. They learned of the closing at the middle of last week.
The liquidation sale begins on October 27, the company said in a statement.
Officials say it's part of a strategy to save money and close stores that are too big for the company's needs.
Sears won't say how many employees the closing will impact. But it says they will be eligible to receive severance and have the opportunity to apply for open positions at other Sears locations.
The closing will leave the Jefferson Mall store as the sole Sears location in Louisville. Sears closed its Green Tree Mall store in Clarksville earlier this year.
On Monday, Oxmoor Center general manager Kendall Merrick could not answer questions if the space would be subdivided for new tenants, or on how much advance notice of the closing Sears provided its landlord.
"We have exciting plans, but we're not ready to them make public," Merrick said.
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