Sears to close 30 stores in early 2017

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Sears to close 30 stores in early 2017

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Sears plans to close more than 30 of its Sears and Kmart stores early next year, with most liquidation sales beginning Jan. 6 and closures happening between March and April, the company told employees Tuesday. The announcement comes on the heels of 10% and 4.4% same-store sales declines for Sears and Kmart stores, respectively, in the most recent quarter, and will bring the retailer’s closures to more than 200 since the beginning of 2016. Read the Business Insider story here

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