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How often do you settle cases out of court? What are your fees and costs? What are the next steps? on January 20, 2016 at 12:52 PM, updated A spokesperson for Kmart confirmed Wednesday the chain will close three stores this year across Alabama. Howard Riefs, director of corporate communications for Kmart parent company Sears Holdings Corporation, said stores in Florence, Dothan and Prattville will shut down this spring as the company looks to "reduce ongoing expenses, adjust our asset base and accelerate the transformation of our business model." "After these three stores close, 14 Kmart stores will remain in the state," he said. The store on 105 Cox Creek Parkway South in Florence began a liquidation sale last week as it prepares to close to the public in mid-March. Riefs said the location employs 64 mostly part-time, hourly workers, all of whom are eligible for severance pay and can apply for positions at other Sears or Kmart stores. The Dothan site also launched a liquidation sale last week on 2214 Ross Clark Circle.

The store will shutter in mid-March and leave 56 workers out of a job. A liquidation sale is expected to start Sunday at the Kmart on 1880 East Main St. in Prattville. The facility, which employs 70, will close down in mid-April. Like Kmart's Florence workforce, employees in Prattville and Dothan will receive severance packages and can apply for jobs at other Sears and Kmart locations. Kmart, which experienced a 7.5 percent decline in comparable store sales in the third quarter of 2015, closed its only Huntsville store last year on 1401 Memorial Parkway. At Home, a home decor retailer, opened at the site in September. Kmart isn't the only big-box retailer closing stores in Alabama. Last week, Wal-Mart announced it will shut down 269 properties worldwide, including 154 in the U.S. and nine in Alabama.Please confirm you are in our delivery area on April 01, 2016 at 9:20 PM, updated Hancock Fabrics is closing all of its stores after filing for bankruptcy in February.

The fabric and craft retailer launched a going out of business sale today at all 185 remaining stores. The deals will last several weeks until all merchandise is sold. Great American Group, the highest bidder in a bankruptcy auction Thursday for Hancock's assets and inventory, is managing the closures. "Great American Group has worked closely with Hancock Fabrics in a range of capacities over the last several years," said Scott Carpenter, president of GA's retail solutions division. "This has given us a deep understanding of Hancock's inventory and assets, which ultimately allowed us to prevail as the highest bidder." Hancock Fabrics was founded in the late 1950s in northeast Mississippi. The company first filed for bankruptcy in 2007 but emerged more than a year later. Several Hancock stores are in operation in Alabama, including Huntsville, Decatur, Cullman, Birmingham, Tuscaloosa, Montgomery, Dothan, Daphne and Mobile. Find your nearest store here. The company is offering 20 to 50 percent discounts on all merchandise online and in-stores.