Transformco, parent company of Sears and Kmart, in response to the coronavirus, will temporarily close all Sears stores effective April 4 at end of day through at least April 30, 2020.
Sears.com, distribution centers and customer care will remain open, fulfilling online orders and answering customer inquiries. Sears Home Services will continue to repair essential appliances. Except where required to close by law or government order, Kmart stores and Kmart Pharmacy locations will remain open to provide essential products and services.
“Our top priority is the health and safety of our associates, members and the communities we serve,” the company said. “We remain committed to helping slow the spread of the virus, while also meeting the needs of our members. However, COVID-19 is having a serious impact on the entire retail industry, including our company. Therefore, to ensure the future viability of the company, we have made the decision to temporarily close all Sears stores. We believe that taking these temporary steps now will position Sears to continue to serve our members and customers when the COVID-19 crisis passes.”
The company has also made the decision to temporarily furlough most Sears store hourly, salaried associates and the majority of its associates in Hoffman Estates and other corporate locations around the country. The company will cover 100% of the premium costs through April 30 for all furloughed associates currently enrolled in Transformco’s benefits programs during this period.
Transformco will continue to follow guidance from local, state, and federal officials as it anticipates gradually reopening Sears stores and corporate offices when it is safe to do so.