ECRM_1170x120_7-20-20

Sears Holdings chief executive officer Eddie Lampert

Sears to close 78 stores this summer

Sears to close 78 stores this summer

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.