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According to CNBC, Sears Holdings will close 100 stores between March and April this year.

The closures are just the latest for the troubled retailer, which has weathered massive store closures amid dwindling sales and increased online competition.

However, the store's closure could give Military Ave Partners LLC, the owners of the Sears shopping plaza at Mason Street and Military Avenue, new options to explore, she said.

"It's a shame because all those people are losing their jobs - I feel sorry for them all", said Tony Cammel from Weirton.

However, he's confident the Sears closure won't set the local economy back.

"This opens up a lot of opportunities for our district", Weycker said. "It's really a place where people want to go", said Korbel. We hope to have more information later.

The Sears located at 5540 Winfield Avenue at Oakridge Mall is closing, and the store at San Rafael's Northgate Mall is closing too.

"Right now, there is nothing official and without anything official, we can't say anything", he said.

Sears had owned the 143,000-square-foot space since 2000. Click through to read about how the renovation changes the west end of the mall. Liquidation sales may begin as early as January 12, and Sears Holdings is closing a total of 103 Sears and Kmart stores across the United States. Four south Louisiana stores were shuttered during the year: Sears locations in Baton Rouge's Cortana Mall and Gretna's Oakwood Mall, and Kmarts in New Orleans and Gonzales.