Gardendale K-mart won’t close, at least for now

The Gardendale K-mart store will not be one of 79 locations being closed by Sears Holdings Corporation on Thursday, but that doesn’t mean the store is out of the woods just yet.

Sears Holdings, which is the parent company of Sears and K-mart, released a partial list of the 120 stores that it plans to close early in 2012, as a result of declining sales.

The closings were announced Tuesday, with the first locations made public Thursday afternoon after financial markets were closed for the day.