Sears Holdings chief executive officer Eddie Lampert Archives

Kmart part of Sears closures

May 23, 2016 by MMR Kmart, Sears, Sears Holdings chief executive officer Eddie Lampert, Sears Holdings Corp. 2016, Issue 05-23-2016, Issues

HOFFMAN ESTATES, Ill. — Sears Holdings Corp., the corporate parent of Sears and Kmart stores, plans to shutter 68 Kmart stores and 10 Sears stores this summer in an effort to stem financial losses. Most of the stores will be closed by late July. “The decision to close stores is a difficult but necessary step

Sears to close 78 stores this summer

April 22, 2016 by MMR Kmart, Sears, Sears Holdings chief executive officer Eddie Lampert, Sears Holdings Corp. Featured Articles, Leading Headlines, Retail News

HOFFMAN ESTATES, Ill. — Sears Holdings Corp., the corporate parent of Sears and Kmart stores, announced that it will close 78 stores this summer in its ongoing quest to stem financial losses. The company plans to close 68 Kmart stores and 10 Sears stores, with most closures occurring by late July, Sears said on Thursday.