Thursday, May 4, 2017

Look for remaining Sears and Kmart stores to get smaller

Image result for Sears downsizing storesSears and Kmart shoppers soon may notice the chains' stores getting smaller - or sold.

Trimming store sizes is one strategy that Sears Holdings Corp., their parent company, is using as it seeks to cut $1.25 billion from annual structural costs. Another strategy is the sale of its owned properties, many of which are Sears stores.. . . more

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