POST Online Media Lite Edition


Sears, Kmart closing 72 stores

Staff Writer |
Business Insider reported the retail is shuttering as many as 72 stores, shutdowns that come on top of 180 store closures announced earlier this year.

Article continues below

Clearance sales at the locations will begin soon, with the stores closing by September.

Sears announced in January it was closing 150 stores and, in May, added at least 30 more to the shutdown list.

The latest list includes 16 Sears stores, 49 Kmart stores and seven auto centers. Dothan's other Kmart store closed last year.

The closures bring Sears' store count to about 1,200, down from 2,073 five years ago.

What to read next

Sears Holdings to close 63 more stores in January
Sears closing 150 non-profitable stores
Sears to close 43 more stores to cut costs