Sears Holdings, parent company of Sears and Kmart stores, told its employees yesterday that it will be closing more than 100 additional stores this year, CNBC.com reported. That consists of 64 Kmart stores and 39 Sears stores, all of which are expected to shut between early March and April. Sears wouldn't say how many of its employees would be impacted by the closings but did say the majority of the jobs are part-time positions, and eligible associates will receive severance. Liquidation sales will begin as early as Jan. 12 at the closing stores, Sears said.
