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.
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.
If you work at Sears and have a story to tell, email this reporter at [email protected]
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