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:
  • Sears' shares plunge after dismal same-store sales - Reuters
    Sears Sales Plummet by Double-Digits Again in Second Quarter - Bloomberg
    08/3/2015 - 1:28 pm | View Link
  • BRIEF: Belair Road Kmart to close in November [The Baltimore Sun] - Bloomberg
    Belair Road Kmart to close in November - Baltimore Sun
    07/30/2015 - 1:12 pm | View Link
  • Kmart to close Belair Road store, lay off 102 employees - Baltimore Business Journal
    The company will permanently close its 7923 Bel ... the Fullerton Plaza shopping center. Kmart, owned by Sears Holding Corp. (NASDAQ: SHLD), has ...
    07/30/2015 - 11:46 am | View Link
  • Belair Road Kmart to close in November - Howard County Times
    Kmart Corp. plans to close its Belair Road store in ... In Maryland last year, Sears shut a Wabash Avenue Kmart, as well as a "product rebuild ...
    07/30/2015 - 11:24 am | View Link
  • EXCLUSIVE: Lafayette Shooter Emails to Tea Party Leader - Breitbart.com
    13th, Houser sent an email that read in part: Why would it be good for JCP/KMART/SEARS/RSH retail to close and vacate the premises occupied...
    07/24/2015 - 5:41 am | View Link
  • More
BING NEWS:
  • Sears' shares plunge after dismal same-store sales
    The sharp decline comes amid the company's efforts to shrink operations, close stores and exit underperforming categories ... the company benefits from the sale and lease back of 235 Sears and Kmart stores to a real estate investment trust called Seritage ...
    08/3/2015 - 8:12 am | View Link
  • Belair Road Kmart to close in November
    Belair Road Kmart to close in November; 102 workers laid off ... The company, a subsidiary of Sears Holding Corp. has been cutting its presence around the country to cope with losses. In Maryland last year, Sears shut a Wabash Avenue Kmart, as well ...
    07/30/2015 - 9:27 am | View Link
  • Sears, Kmart close 235 stores, thousands jobless for Christmas holiday
    The death knell is tolling for Sears and Kmart. Over 100 more stores are slated to close in 2014, bringing the total to 235 Sears and Kmart locations shuttered. This will mean massive employee layoffs for Christmas holidays, reported the Inquisitr.
    12/8/2014 - 5:34 am | View Link
  • Kmart and Sears to close four more Michigan stores
    ... Holdings said it is closing Kmart and Sears stores in Ann Arbor, Bay City, Iron Mountain and Warren. Liquidation sales at each of those stores have either already started or will start on Saturday. Sears Holdings will close four additional Kmart and ...
    10/28/2014 - 12:42 pm | View Link
  • Sears And Kmart Will Close 78 Stores By End Of 2014
    The discrepancy is because 31 Sears Auto stores are also slated to close: the total depends on whether you ... In Michigan, there are two Sears and Sears Auto locations closing, but notably six Kmart stores. Michigan, specifically the Detroit area, was ...
    10/23/2014 - 1:24 pm | View Link
  • More
BING SEARCH:
  • 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?
    07/31/2015 - 6:19 pm | View Website
  • Sears
    Begin your Shopping Experience at Sears. Buy Online, Pick up in Store. Find Store Locations. Find Great Brands such as Kenmore, Craftsman & Diehard.
    07/31/2015 - 3:35 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.
    07/31/2015 - 1:04 pm | View Website
  • Sears and Kmart News
    Sears Canada is recalling Joe Boxer licensed boys 3-piece Eat Sleep Play Pajama Sets. The PJ Sets do not meet flammability testing standards for sleepwear.
    07/31/2015 - 12:00 pm | View Website
  • Which Sears and Kmart Stores Are Closing in 2012? Where ...
    After Sears Holdings announced that they would be closing between 100 and 120 stores in 2012, the most frequently asked question was "Where are Sears and Kmart Stores ...
    07/30/2015 - 9:34 pm | 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