Bartlesville's Kmart store is closing, parent company Sears Holdings confirmed Friday.
The store, located at 501 SE Washington Boulevard, is one of 35 Kmart and eight Sears stores nationwide that will close by early October. The announcement was made by Sears Holdings Chairman/CEO Eddie Lampert in a blog post.
"After several months of hard work to bring our costs into line, we continue to take actions to realize our vision of an integrated retailer focused on quality member experiences," Lampert wrote. "Changes in consumer behavior are driving our vision and actions, and we continue to transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members.
"Today, we will initiate the closing of an additional eight Sears and 35 Kmart unprofitable stores as we continue to focus on our best stores and return to profitability," the blog post said. "This is part of a strategy both to address losses from unprofitable stores and to reduce the square footage of other stores because many of them are simply too big for our current needs."
This is the second and final Sears Holdings property in Bartlesville to be closed. The Sears store at Washington Park Mall closed in late 2016.
Sears Holdings said liquidation sales at all closing stores will begin as early as Thursday.