AUSTIN (KXAN) — As Sears filed for Chapter 11 bankruptcy protection Monday, the company plans to close more than 140 stores across the country, including the two remaining stores in Austin.
Bankruptcy filings showed the Sears location at Barton Creek Square Mall in southwest Austin and the Hancock Center in central Austin are slated to be closed.
They join seven other Sears locations in Texas that will be closing as the company struggles to stay in business by shedding unprofitable stores.
With the closings, the nearest Sears stores will be in Bastrop, Georgetown and Marble Falls.
In May, Sears announced it was closing 72 stores nationwide, including the Lakeline Mall location, which was scheduled to close in September.
The Sears Tech Ridge location was closed in April.
At its peak, the operator of Sears and Kmart had 4,000 stores in 2012 but will now be left with a little more than 500, according to the Associated Press. The company will close 77 Sears stores and 65 Kmart stores in total by the end of the year.
Liquidation sales are expected to begin shortly.