Sears Quietly Closing More Stores

Sears is quietly closing more stores beyond the 150 this year the company announced back in January.

Sears is quietly closing more stores beyond the 150 this year the company announced back in January.

According to Business Insider, the parent of Sears and K-mart plans to close more than two dozen additional locations this summer.

Sears continues to struggle from years of plunging sales and has begun talking to lenders about a debt payment from a $500 million loan.

Sears’ stock is down more than 10 percent so far this year.  

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