Apr
26
78 Kmart and Sears Stores to Close in July and September Nationwide
ByNearly 80 Kmart and Sears stores will shut down this summer.
Hoffman Estates, Ill.—Sears Holdings Corp. has announced that 68 Kmart and 10 Sears stores across the U.S. will close in late July, with a few exceptions scheduled to end activity in mid-September. This resolution came after an evaluation of each commercial unit’s performance and the timing of lease expirations.
“The decision to close stores is a difficult but necessary step as we take aggressive actions to strengthen our company, fund our transformation and restore Sears Holdings to profitability”, said Edward Lampert, Chairman & CEO of Sears Holdings, in a prepared statement…
78 Kmart and Sears Stores to Close in July and September Nationwide
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