Sears’ parent company, Sears Holdings Corp., is officially closing the Sears in the Valley Plaza Mall and the Kmart in Delano after declaring bankruptcy last October.
Both stores will close at 6 p.m. Sunday and are offering up to 75 percent discounts.
In the notice sent to the Kern County Board of Supervisors, the company said 106 jobs from the Sears store in Bakersfield, and 68 jobs from the Kmart in Delano will be cut starting at the end of the year.
In total, Sears is closing 142 stores across the country, that’s in addition to the closure of 46 unprofitable stores that had already been announced.
Sears joins a growing list of retailers that have filed for bankruptcy or liquidated in the last few years amid a fiercely competitive climate. Some, like Payless ShoeSource, successfully emerged from reorganization in bankruptcy court. But plenty of others like, Toys R Us and Bon-Ton Stores Inc., haven’t. Both retailers were forced to shutter their operations this year soon after Chapter 11 filings.