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28 more Kmart stores to close as Sears continues to cut costs

Sears will close another 28 Kmart stores as it continues to cut costs and trim its real estate holdings in a push to return to profitability. The retailer, which reported an 11.5% drop in second-quarter same-store sales, has shuttered 180 stores this year, and earlier, the company announced plans for 150 more closures. Read the CNBC story here

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