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:
  • Additional Store Closings Expected to Generate Cash For Sears ... - Retail Info Systems
    ... severance and have the opportunity to apply for open positions at area Kmart or Sears stores. "The decision to close stores is a difficult but...
    04/30/2016 - 6:55 am | View Link
  • Nearly 80 Sears and Kmart stores to close down - Cosmetics Business
    Of the doors to close, 68 will be Kmart stores and ten will be Sears stores; all of the Sears locations and nearly all of the Kmart sites will...
    04/28/2016 - 5:46 am | View Link
  • America's Biggest Department Stores May Have to Close Hundreds of ... - Fortune
    Department Stores Need To Slash Hundreds Of Locations, Says Research ... - Yahoo! Finance
    04/25/2016 - 11:54 am | View Link
  • Your Local Sears or Kmart Might Be Closing - Real Simple
    Hollowed middle: Kmart and Sears closings signal a broader decline - Pittsburgh Post-Gazette
    04/25/2016 - 9:42 am | View Link
  • Experts say Kmart properties will spark interest; Sears site more ... - Bloomberg
    April 21, 2016 -- Sears Holdings announces that it will close the Sears in Regency Square this summer. The struggles of Sears and Kmart have...
    04/24/2016 - 9:07 am | View Link
  • More
BING NEWS:
  • Sears Holdings to Close 78 Kmart, Sears Stores
    Sears Holdings (NASDAQ:SHLD), the Hoffman Estates, Illinois-based owner of retail store brands Sears and Kmart, announced Thursday that it will close 78 stores – 68 Kmart stores in 26 states and 10 Sears stores in eight states – in the next five months.
    04/24/2016 - 12:57 pm | View Link
  • Several Kmart, Sears stores in Pittsburgh region slated to close
    Sears Holding Corp., parent company of the Kmart and Sears chains, has been pushing hard to return to profitability — trimming debt, subletting some of its prime locations to another retailer and closing some stores. This week, the Illinois company ...
    04/23/2016 - 9:26 am | View Link
  • Sears Kmart Closings: 78 Stores Slated To Close Nationwide
    Sears and Kmart closings now total 78 stores around the country. On Thursday, Sears Corporation announced store closings for the second time this year, citing once again the need to shutter unprofitable locations. Hundreds, possibly thousands, of American ...
    04/23/2016 - 6:11 am | View Link
  • Nearly 80 Sears and Kmart stores are about to close
    Sears Holdings is cutting a huge loss and has announced its decision to shut down 68 Kmart and 10 Sears stores this summer. Back in February, the company had announced that it would begin shutting own stores that were no longer profitable. In the quarter ...
    04/22/2016 - 11:05 pm | View Link
  • Sears to Close 78 Stores This Summer
    Sears Holdings Corp. will close another78 stores — 68 Kmart units, and 10 Sears stores — as it looks to restore profitability. That accounts for about 5 percent of its store base, which is nearly 1,700 stores. The ailing company, based in Hoffman ...
    04/22/2016 - 4:40 am | View Link
  • More
BING SEARCH:
  • Kmart &
    edit. Tell us where you are located and we can tell you what's available:
    04/28/2016 - 9:32 pm | View Website
  • Sears & Kmart closing update, 20 January 2015: Another ...
    It’s been revealed that the Cherry Creek, Colorado, Sears will be replaced with apartments and smaller retail shops. update 19 January 2015: Exodus?
    04/28/2016 - 8:49 pm | View Website
  • Kmart & Sears Stores Closing | 79 Stores Scheduled to Close
    Kmart & Sears Stores Closing | 79 Stores Scheduled to Close. As you know many of you know, there are Kmart & Sears Stores are closing. I am sure we will see sales and ...
    04/24/2016 - 11:31 pm | View Website
  • Sears closing stores nationwide: See list of closing Sears ...
    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.
    02/10/2016 - 7:03 am | View Website
  • Sears Holdings Closing Sears, Kmart Locations | PYMNTS.com
    The trend of retail chain store closures in the U.S. continues, with Sears and Kmart part of the latest such news. Earlier this week, Sears Holdings Corp. announced ...
    01/15/2016 - 11:01 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