Weekly News

Business briefs: Saturday, July 8

July 09,2017 01:07

Struggling department store chain Sears says it's closing even more stores as it tries to turn around its business. Sears Holdings Corp. CEO Eddie Lampert said in a blog post Friday that the company would close another eight Sears and 35 Kmart stores ...



97,972

A Sears store seen in 2014 in Coral Gables, Florida.Joe Raedle/Getty Images

Sears Holdings is closing 43 more stores in the US, in addition to the 265 closings that had already been announced this year. 
The company announced the latest closures on Friday.
The new list of closures includes 35 Kmart stores and eight Sears stores. All the stores will close in early October except the Sears store in Schererville, Indiana, which will close in early August.
The closings will bring Sears' store count to less than 1,140, down from 2,073 five years ago.
"This is part of a strategy both to address losses from unprofitable stores and to reduce the square footage of other stores because many of them are simply too big for our current needs," Sears CEO Eddie Lampert said in a blog post on the closures.
Sears announced its first round of store closures in January. Three more rounds have been announced since then.
Here's the full list of closures:
Kmart
104 Highway 31 North, Athens, AL
635 Skyland Blvd., Tuscaloosa, AL
3340 E Andy Devine Ave., Kingman, AZ
2526 W Northern Ave., Phoenix, AZ
4325 Broadway, Eureka, CA
7200 Arlington Ave., Riverside, CA
12412 U S 19, Hudson, FL
4717 South Florida Ave., Lakeland, FL
20505 South Dixie Hwy., Miami, FL
8245 N Florida Ave., Tampa, FL
2500 Airport Thruway, Columbus, GA
1300 S Madison Ave., Douglas, GA
W-201 Neider Road, Coeur D'Alene, ID
2828 N Broadway, Anderson, IN
2520 Nicholasville Road, Lexington, KY
2760 Frederica Street, Owensboro, KY
140 Whalon Street, Fitchburg, MA
1277 Liberty Street, Springfield, MA
801 N Lincoln Road, Escanaba, MI
1290 N Monroe Street, Monroe, MI
1515 W Bell Street, Glendive, MT
1000 3Rd Street NW, Great Falls, MT
2975 E Sahara Blvd., Las Vegas, NV
200 S Washington Street, Herkimer, NY
601 Woodman Dr., Dayton, OH
12501 Rockside Road, Garfield Heights, OH
1801 W Alexis Road, Toledo, OH
501 S E Washington Blvd., Bartlesville, OK
2323-2327 N Harrison, Shawnee, OK
4401 Buffalo Road, Erie, PA
2011 Hoffmeyer Road, Florence, SC
732 Old Hickory Blvd., Jackson, TN
4670 S 900 East, Salt Lake City, UT
3533 Franklin Road SW, Roanoke, VA
2450 Foothill Blvd., Rock Springs, WY
Sears
1607 36th Street, Peru, IL
757 E Lewis & Clark Pkwy., Clarksville, IN
154 28B W Hively Ave., Elkhart, IN
120 Us Highway 41, Schererville, IN
2310 E Kansas Ave., Garden City, KS
6945 Us Route 322, Cranberry, PA
3060 Clarksville Street, Paris, TX
7630 Pershing Blvd., Kenosha, WI
If you work at Sears and have a story to tell, email this reporter at hpeterson@businessinsider.com 
 

SEE ALSO: This is what Sears stores could look like in the future

More: Sears Retail Retail Apocalypse

business cards business business casual business insider business letter format business casual for women business plan template business plan business casual men business administration

Share this article

Related videos

Kellyanne Conway - SNL
Kellyanne Conway - SNL
Beyhadh - बेहद - Episode 60 - 2nd January, 2017
Beyhadh - बेहद - Episode 60 - 2nd January, 2017

DON'T MISS THIS STORIES