The Sears store in the Oakdale Mall in Johnson City will be shutting down in the next few months.

The Oakdale Mall has been a major retail center for more than four decades. (Photo: Bob Joseph/WNBF News)

The department store and the adjacent Sears Auto Center are being closed as part of the latest round of cost-cutting measures by the struggling retail giant.

The auto center is to cease operations late next month and the main store is to go out of business in mid-September.

The announcement by Sears Holdings came less than six months after Macy's revealed it planned to close its Oakdale Mall anchor store.

Sears Holdings has been closing hundreds of Sears and Kmart stores over the last few years in response to declining sale as more people have shifted to online purchases.

The employees of the Johnson City Sears units were informed of the company's plans on Thursday.

Since the 140,000-square-foot Macy's store closure, there has been plenty of speculation about possible new tenants for the space but no announcement from the operators of the Oakdale Mall.

Shortly before the Sears decision became public, Johnson City Mayor Greg Deemie said he had heard rumors about the future of the former Macy's site. But during an appearance on WNBF Radio's Binghamton Now program, Deemie said he had no information on what may happen with that space.

The Oakdale Mall is losing some of its biggest tenants this year. (Photo: Bob Joseph/WNBF News)

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