Walla Walla KMart Saved by $4 Billion Buyout?
Despite a plethora of conflicting information, it appears the Walla Walla KMart store has survived the dozens of store cuts made across the country.
Despite hundreds of Sears and KMart stores being shuttered, a $4.4 billion dollar buyout by former CEO Eddie Lampert was formally approved earlier this spring by debtors, creditors and those overseeing the process. Very little was announced about progress so far, but we did know according to the terms of the offer he made, if approved, no further store closings would occur.
According to the latest list of store closings released by Sears Holdings (their parent company) Walla Walla is NOT on the list. Kennewick's Columbia Center Sears is, and the KMart in Spokane is slated to go dark.
But for now, it seems the Walla Walla store has survived.
For a list of the latest Sears Holdings closings from March, click on the button below.