Sears still exists?
Via NBC:
Sears Holdings, the parent company of Sears and Kmart stores, told its employees on Thursday that it will be closing more than 100 additional stores.
That consists of 64 Kmart stores and 39 Sears stores, all of which are expected to close between early March and April of this year.
“We will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members,” the company said in a statement.
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. (See below for a complete list of the locations being closed.)