Sears To Close 100 To 120 Kmart, Sears Stores

K-Mart

Between 100 and 120 Sears and Kmart stores will be closed, the retailer said Tuesday, after terrible holiday sales during what is the most crucial time of the year for retailers.

Senh: Declining sales during the busiest shopping season is not a good sign for Kmart and Sears. I didn't know Sears own Kmart now.

Sections:  news   business   
RELATED ARTICLES
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Sears Didn't Move Fast Enough, CEO Says
    Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
  • J.C. Penney ad apologizes to customersJ.C. Penney ad apologizes to customers
    The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
  • Discover Pushes PayPal Payments; First Data Holds Out
    Discover makes headway in bringing eBay's online-payments service to physical retailers, but First Data, one of the country's largest merchant processors, has opted not to support the service. More
  • Big brands rejected Bangladesh factory safety planBig brands rejected Bangladesh factory safety plan
    As Bangladesh reels from the deaths of hundreds of garment workers in a building collapse, the refusal of global retailers to pay for strict nationwide factory inspections is bringing renewed scrutiny to an industry that has profited from a country notorious for its hazardous workplaces and subsistence-level wages. More
ASK NEWS:
  • Southgate Kmart will close, parent company confirms - Heritage News-Herald
    ... to apply to open positions at other Sears or Kmart stores, Brathwaite said.The closure is part of Sears Holdings’ announcement to close 80...
    07/11/2014 - 2:23 pm | View Link
  • Sears and Kmart Partner to Expand Free Store Pickup Service - Individual.com
    ... one of those physical stores close to their homes. For example, a member may want to purchase school supplies from Kmart, and a Sears store is...
    07/10/2014 - 1:12 pm | View Link
  • Winona Kmart to close this fall - Online La Crosse Tribune
    — The Winona Kmart store will close its doors to ... Riefs, communications director for Sears Holdings, which includes the Sears and Kmart ...
    07/10/2014 - 8:17 am | View Link
  • Sears®, Kmart® Team to Expand Free Store Pickup to More Than 2,000 ... - Morningstar.com
    Sears®, Kmart® Team to Expand Free Store Pickup to More Than 2,000 ... - Freshnews.com
    07/8/2014 - 8:16 am | View Link
  • More
BING NEWS:
  • At least 6 Kmart/Sears stores to close in Michigan
    According to a list posted by the Hoffman Estates, Ill.-based company, the six Michigan stores-- four Sears and two Kmart -- closing are part of the company’s plan to close 100 to 120 stores nationwide. The stores set to close in Michigan include Sears ...
    12/29/2011 - 7:30 am | View Link
  • Sears to close 100 to 120 Kmart, Sears stores
    NEW YORK - Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores to raise cash after a weak holiday shopping season for the retailer. The closings fueled speculation about whether the 125-year-old retailer can turn itself around.
    12/27/2011 - 3:06 pm | View Link
  • Sears Kmart Stores Closing: At Least 100 Stores To Shut Down Retailer Says
    NEW YORK — After a disastrous holiday shopping season, the parent company of Sears and Kmart will close at least 100 stores to raise cash – a move that sparked speculation about whether the 125-year-old retailer can avoid a death spiral fed by ...
    12/27/2011 - 9:34 am | View Link
  • Sears and Kmart stores closing down
    Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers. The closings are the latest and most visible in a long series of moves to try to fix a...
    12/27/2011 - 8:06 am | View Link
  • Kmart, Sears to close 100-plus stores
    There is also no word yet on what will happen to the employees in the stores that will be closing. Kmart has a dozen Hampton Roads stores in Chesapeake, Norfolk; Virginia Beach, Hampton, Newport News, Tabb and Williamsburg. Sears has stores at The Gallery ...
    12/27/2011 - 7:10 am | View Link
  • More
BING SEARCH:
  • Sears and Kmart News
    Sears, K-Mart, Autozone all treat their customers very poorly and that's not even talking about how they treat their employees ( Having worked for NTB , when owned by ...
    07/26/2014 - 7:16 am | View Website
  • Sears to close 100 to 120 Kmart, Sears stores
    Sears Holdings plans to close 100 to 120 Kmart, Sears stores as sales disappoint - NEW YORK, N.Y. - Sears Holdings Corp. plans to close between 100 an
    07/26/2014 - 7:08 am | View Website
  • Sears Closings List 2012: Will Your Local Sears or Kmart ...
    The struggling Sears Holdings Company released a list of 81 Sears and Kmart stores that will be closing this year after a disappointing holiday season. Is your local ...
    07/26/2014 - 5:00 am | View Website
  • Which California Sears and Kmart Stores Are Closing in ...
    Which California Sears and Kmart store locations are closing down in 2012? Get a total number of Sears and Kmart stores in California, along with the cities where the ...
    07/25/2014 - 8:10 pm | View Website
  • List of Sears, Kmart stores closing
    Sears Holdings released a list of 79 of the 100-120 Sears and Kmart stores to be shut.
    07/25/2014 - 9:47 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News