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Sears Plans To Close 63 Stores Sears Plans To Close 63 Stores
Sears Plans To Close 63 Stores Click here for an updated story: Full List Of New Round Of Sears, Kmart Closures Announced Sears has announced another round of store closures as sales continue to decline. Sears Holdings Corp., which also owns Kmart, said in an earnings statement Thursday it plans to close 63 of about 100 nonprofitable stores. The company 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 an…

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by Joe Lombardi