Sears To Close Another 24 Stores


Hoffman Estates, Ill. - Sears has marked 24 additional stores for closure.

The stores include three Sears, nine Great Indoors and 12 Kmart formats across 11 states.

The latest round of closures bring to 103 the number of stores that Sears is shutting, following an initial 79 that were announced in December. The company is also selling 11 full-line Sears stores to a real estate investment trust for $270 million.

Sears said it would close between 100 and 120 stores following a weak holiday season that contributed to a $2.4 billion 

fourth-quarter loss

. The retailer still operates about 3,900 stores throughout the U.S. and Canada.

Closing and liquidation dates for the 24 locations will vary by location and store format, the company said.

A list of targeted stores is available




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