Business

Lacey Sears among stores slated to close

The Sears store in Lacey is among the stores slated to close early next year, according to its parent company.

Transformco, which owns Sears and Kmart, announced Thursday it plans to close 96 stores, including the Sears at South Sound Center on Sleater Kinney Road Southeast.

The company said going out of business sales at these stores are expected to begin Dec. 2 and that stores will close by February.

The only other Washington store on the list of closures was a Sears in Spokane.

Sears has been a fixture at South Sound Center since the shopping center opened in 1966, the same year the city of Lacey was incorporated. Business in that area kick-started a tax base for the young city, said Mayor Andy Ryder, who grew up in Lacey.

“We went to Sears all the time as a kid. It was the place to go,” he said. “On the other hand, we’ve seen this coming for a long time.”

Sears owns its part of the shopping center. Earlier this year, the Puget Sound Business Journal reported it was one of six Sears and Kmart stores in Washington that were for sale.

A representative of Capital Development Company, the landlord for the rest of South Sound Center, did not respond to The Olympian’s request for comment Friday.

The Sears at the Tacoma Mall closed in 2018 and the store was demolished this year.

The Olympia Kmart closed in 2012 in a similar round of mass store closures.

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