Sears Holdings is closing more stores. The company said this week it is shuttering 46 more stores in November. The locations are spread across the U.S. (See a full list below.) “We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as […]
Sears Says It’s Likely to Close Many More Stores as Sales Slide Worsens…
The struggling retailer, which owns the Sears and Kmart chains, on Thursday reported a $748 million net loss in the third quarter, its worst performance in years. And comparable sales, which exclude the impact of stores closed in the preceding year, fell 4.4% at Kmart and 10% at Sears, deeper drops…