Sears To Close 72 More Stores; List To Be Announced

Thursday, May 31, 2018

Sears announced that "s part of ongoing efforts to streamline the operations and focus on our best stores," it has identified approximately 100 non-profitable stores, 72 of which will begin store closing sales in the near future.

A list of the 72 stores will be posted in the "News/Media" section of searsholdings.

com (http://searsholdings.com/media/company-statements) by mid-day, it was stated.

Sears officials said, "We continue to evaluate our network of stores, which are a critical component in our transformation, and will make further adjustments as needed and as warranted."

Sears has also initiated a formal process to explore the sale of the Kenmore brand and related assets, the Sears Home Improvement Products business of the Sears Home Services division and the PartsDirect business of the Sears Home Services division.



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