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Sears Closing 46 More Stores

Submitted by jhartgen@abi.org on

Sears Holdings Corp. plans to close 46 more Kmart and Sears locations, further downsizing its bricks-and-mortar imprint nationwide, the Wall Street Journal reported. Sears said the stores it is closing, which include locations in California, West Virginia and New York, are unprofitable. The company said in a statement this week that it told employees at those locations that the stores will be closed in November. Sears said liquidation sales at closing stores will start next week at the earliest. As of May 5, the company had 894 Sears and Kmart locations.