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Retailer to shutter 120 Kmart and Sears shops.
December 27, 2011
By: TOM BRANNA
Editor
Sears Holdings willshutter 100 to 120 Kmart and Sears Full-line stores, the company announced today. Specific stores were not released by the retailer. In addition to the closures announced today, the firm said it “will carefully evaluate store performance going forward and act opportunistically to recognize value from poor performing stores as circumstances allow.“ While the retailer’s past practice has been to keep marginally performing stores open while it worked to improve their pe...
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