Sears Lists 79 Stores It Will Close
HOFFMAN ESTATES, Ill., Dec. 29 (UPI) — Sears Holdings Corp. released a partial list of U.S. stores it plans to close, revealing 79 doomed locations out of up to 120 it plans to ax.
Sears said it would not hazard a guess on the number of associates who would be displaced as the number “varies from store to store.” There were between 40 and 80 employees at each location, the firm said.
The list is available at http://searsmedia.com/tools/122711_close.pdf.
In a statement released Tuesday, Sears said, “While our past practice has been to keep marginally performing stores open while we worked to improve their performance, we no longer believe that to be the appropriate action in this environment.”
UPI - United Press International, Inc. Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.
Join the Discussion:
View Comments to “Sears Lists 79 Stores It Will Close”
Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.
Is there news related to personal liberty happening in your area? Contact us at email@example.com