Sears in Springfield's Gateway area to close in March or April

Casey Dawson
January 8, 2018

The company is also closing Sears stores in Coeur d'Alene and Twin Falls, Idaho. The department store opened in Prices Corner in 1963.

Sears closed in Macon Mall in 2011.

The 100 stores that will close will be a mix of Kmart and Sears locations.

CNBC reported that liquidation sales will begin as early as January 12 for the stores that are closing. 28, it had 594 Sears stores and 510 Kmarts in the USA, 399 fewer stores overall than a year prior. According to Business Insider, the current round of closings will leave less than 940 Sears stores, compared to 3,510 locations six years ago.

In yet another blow to retail and traditional big box stores, Sears Holdings announced Thursday it would close one of its Delaware Sears locations as part of a cutback that will close 103 total Kmart and Sears locations by May.

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Sears has been selling off some its real estate and brands as it tries to raise cash.

Seritage aims to capture higher rates by slicing up Sears anchor stores into smaller spaces and re-leasing them - such as the former Sears at the King of Prussia Mall, which is now occupied by a Primark and a Dick's Sporting Goods.

Sears Holdings said in the statement that it would continue assessing the productivity of Kmart and Sears stores and will "right size our store footprint in number and size".

"It's definitely the online shopping", she said.

Most retailers have yet to report full fourth-quarter results, but Macy's said sales at stores open at least a year were up 1 percent in November and December compared with the prior year.

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