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Sears to shut 30 stores in USA

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Sears

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American holding company Sears has announced that it will shutter 30 Sears and Kmart locations in the current year due to a re-evaluation by the company.

The closures for Kmart include Riverside, California; Port Charlotte, Florida; Tacoma, Washington; London, Kentucky; Jasper, Alabama; and more. There will be two closures in Alabama, eight closures in Florida, six in Kentucky, three in West Virginia, and solo closures in Maryland, Massachusetts, Washington and New York.

Also ReadSears Holdings cuts losses; to shut down 78 SHLD outlets by July

“We have been strategically and aggressively evaluating our store space and productivity, and have accelerated the closing of unprofitable stores, as we’ve previously announced. Liquidation sales will begin on 6th January and will be completed by mid-April. After this round of closures, Sears’ total store count of closures will be over 200,” said Howard Riefs, Director of Corporate Communications, Sears.

 

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