Saturday, December 22, 2018

Spokane’s last Kmart to close, convert into a U-HAUL facility

It’s no secret that both K-Mart and Sears have struggled in recent years. But until now Kmart has maintained a presence in Spokane. While not officially coming from Kmart themselves many reports are now indicating that the last Spokane Kmart at 4110 E Sprague has been sold and will be closing.

The Phoenix Business Journal, among others, has reported that Arizona based U-Haul has purchased 13 total Kmart stores for $65 million, including the store here locally. U-Haul plans to convert the store buildings into self storage complexes with offices to rent / return U-Haul trucks.

No timeline is indicated about when the Kmart will close or when construction might begin. To review the article on the sale to U-Haul check https://www.bizjournals.com/phoenix/news/2018/12/03/u-haul-shells-out-millions-for-shuttered-kmarts.html

While Kmart is departing the Spokane market, Sears remains in business at Northtown Mall and Spokane Valley Mall.

UPDATE 12/28/18- Sadly Kmart has confirmed this store will be closing. As will a Sears store in Kennewick. Check out this video to see the current condition of the store since if your like me you haven’t been inside in some time ( video was made by a local YouTuber and not myself )