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Business Transformation

Business
Full List Of New Round Of Sears, Kmart Closures Announced Full List Of New Round Of Sears, Kmart Closures Announced
Full List Of New Round Of Sears, Kmart Closures Announced Sears Holdings Corp., which owns Sears and Kmart, has announced the exact locations in a round of store closures as sales continue to decline. The company said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. Sears Holdings initially announced plans to close 72 stores, but later in the day adjusted that number to 63 stores: 48 Sears stores and 15 Kmart stores. Nine additional stores that it initially planned to announce would close will be evaluated further. There are 529 Sears stores and 365 Kmart stores in the U.S. The list of the Sears and Kmart…

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by Joe Lombardi