Monday, July 10, 2017

Sears to close additional 43 stores, including two in Mass.

Image result for kmart closingsSears Holdings on Friday confirmed plans to close 43 additional Sears and Kmart locations. The company will close a Kmart store in Springfield and another one in Fitchburg in the latest round of closures.

“Having the right formats and right sized stores will help us put Sears Holdings in a better position to meet the realities of the changing retail world,” CEO Eddie Lampert wrote in a blog post accompanying the announcement. “The smaller-store concept allows us to focus on some of our stronger categories.”. . . more

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