Connect with us

Headlines

Sears Plans 80 More Closures

The company continues to shutter stores

Published

on

Sears (Hoffman Estates, Ill.) is planning to close 80 additional stores following a number of closures over the past couple of years. This latest round of closures will bring the fleet’s size down to about 600 stores; about five years ago, there were about 2000 Sears and Kmart stores in operation.

The affected stores will likely begin the liquidation process this week or by mid-January at the latest, according to Money. The stores that are slated to shutter should be complete by March. This follows the company’s official bankruptcy filing in October. 

Advertisement

FEATURED VIDEO

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design

Promoted Headlines

Advertisement
Advertisement

Subscribe

Advertisement

Facebook

Most Popular