Business & Tech
Could Bel Air Sears Be Among Up To 120 To Close?
Sears Holding Corp. announced it will close up to 120 Sears and Kmart stores.
After a poor holiday season, Sears Holding Corp. announced Tuesday it will close between 100 and 120 Sears and Kmart Stores, according an article in the Wall Street Journal online.
Sears Holding has not announced which stores will close, but is expected to post the list on its website once the company makes those decisions, according to Yahoo Finance.
"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," the company said in a statement that appeared the Wall Street Journal article.
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Sears has not said how many employees will be impacted, the WSJ article said.
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