Sears Holdings plans to close another 46 unprofitable stores this year including 13 Kmart and 33 Sears stores.
The department store retailer said the move to close the stores was part of its ongoing efforts to “streamline Sears Holdings’ operations, strengthen our capital position and focus on our best stores.”
The company plans to close the stores in November, and liquidations could begin by the end of August.
The full list is here.
In May, Sears Holdings said it closed 108 stores (67 Kmarts and 41 Sears stores) in the first quarter of this year. It also said that it planned to close another 70 stores. At the close of the first quarter, Sears Holdings had894 stores.
