SEARS Closing 72 stores

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By Jerry Henry on June 1, 2018.

Sears Holding who operates Sears and Kmart stores in the area announced yesterday they plan to close another 72 stores, reporting a major sales downturn. This round of closing represents about 8% of the companyas remaining stores. This round of closings was included in about 100 non profitable stores that were earmarked for closing announced earlier this year. The company stated that a sales crisis continues to plague the company.