Commercial Real Estate – Santa Cruz
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Kmart is closing more stores..

And Kmart 270 Mt Hermon Road in Scotts Valley is one of them.

Kmart and Sears has announced that it will be closing 96 stores around the country. The liquidation sales will begin December 2nd with stores expected to permanently close by February 2020.

The downfall of former corporate giants like Kmart and Toys R Us is evidence that the brick-and-mortar retail industry is in jeopardy.  But it also provides opportunity for growth and new giants in our community. It will be interesting to see what happens next.

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