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3 New England Sears, Kmart Stores Among 100 Closing
They include the Sears store at the Burlington Mall in Massachusetts; Sears at the Bangor Mall in Maine; and a Kmart in Rochester, New Hampshire. Liquidation sales ... Sears has been selling off some its real estate and brands as it tries to raise cash.
Sears Holdings Corphas announced it will be closing over 100 more stores as the struggling department store chain tries to turn around its business.The Hoffman Estates, Illinois-based company says that includes 64 Kmart stores and 39 Sears stores that will be shuttered between early March and early April.Three New England locations are among the stores closingThey include the Sears store at the Burlington Mall in Massachusetts; Sears at the Bangor Mall in Maine; and a Kmart in Rochester, New Hampshire.Liquidation sales will begin as soon as next Friday at the stores.Sears to Close Another 28 Kmart Stores NationwideA Sears spokesman said Thursday the number of workers affected was not availableThe majority of the jobs are part-time positions, Sears said.The move comes in addition to closing about 250 stores announced last year.Sears has been selling off some its real estate and brands as it tries to raise cash.Sears Closing an Additional 72 Stores Nationwide: ReportEarlier Thursday, Macy's Incannounced it was closing 11 stores early this year.Click here for the complete list of closings.Get the latest from necn anywhere, anytimeDownload the App
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