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Sears to Close An Additional 100+ Stores

06 January 2018

The Hoffman Estates, Illinois-based company says that includes 64 Kmart stores and 39 Sears stores that will be shuttered between early March and early April.

After this round of closures, Sears will have fewer than 940 stores.

Sears Holdings, which is Kmart's parent company, has announced yet another round of store closings.

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PLATTSBURGH | The Kmart on Center Drive in Plattsburgh is among the stores marked for closure by the retail chain.

Sears Holdings closed almost 400 Sears and Kmart locations in 2017, according to Business Insider. It is unclear how many employees will be affected by the closings.

Sears and Kmart have been losing billions of dollars and closing stores for years.

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Liquidation sales at closing Macy's stores will begin as soon as January 8, while Sears will start liquidating stores as soon as January 12.

"We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members", the company said on Thursday.

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Sears to Close An Additional 100+ Stores