Sears, Kmart to Shutter Up to 120 Stores
Officials from the retailer have not yet announced which stores will close.
It remains unclear how many, if any, Sears or Kmart stores in Maryland may close after the parent company of the two retail brands announced plans on Tuesday to shutter 100 to 120 of its under-performing stores. Sears Holdings Corp. announced the planned closings while noting that comparable store sales at Kmart were down 4.4 percent for the eight-week quarter-to-date ending Dec. 25, and for Sears, sales were down 6 percent through the same period. The company, which has more than 4,000 stores in North America, reports sales are down 5.2 percent overall for the quarter-to-date, and down 2.6 percent for the year-to-date. Sears Holding stock ended the trading day at $33.38, down more than 27 percent from its opening price. A list of which …
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Larry A.
1:25 am on Sunday, July 29, 2012
I worked at the family fish house also for 3 years. Does any one know of anyone else that worked there more ›