A big department store will be no longer come January, as Sears in Presque Isle will close their doors for good.  

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Officials say the store currently has 63 employees and will remain open until mid - January. Those employees will be eligible to receive a severance package, as well as the opportunity to apply for open positions at other Sears or K-mart stores.

Officials say the company is closing stores in an effort to reduce expenses, adjust the asset base and to accelerate the transformation of the company business model with the goal of better serving their customers and members through integrated retail.

The Presque Isle store is set to close on January 18th, 2015. A liquidation sale will begin on October 31st.