FORT SMITH – The Sears company has announced that its Fort Smith store, a longtime anchor of the Central Mall property, will close in January 2018. According to a corporate release, the store close due to a lack of profits as the company works to transform its business model.
The Fayetteville store, located in the Northwest Arkansas Mall, will also close for good.
“We can confirm Sears will be leaving Central Mall Fort Smith. They’ve been a great tenant for many years, but unfortunately they have decided to close this store.” Central Mall said in a statement released to InsideFortSmith.Com “While we are disappointed in this decision, we view this as an opportunity to enhance the retail offerings at our center to better meet the needs of our customers.”
It is unknown how many employees will be affected by the change.