Sears and Macy’s to Close Stores

Jan 4, 2017  •  Post A Comment

Both Sears and Macy’s announced Wednesday that they will close stores, with Sears saying it will shutter 108 Kmart stores along with 42 Sears stores. Business Insider reports that the Sears and Kmart closures represent about 10% of the company’s store base.

The closure apparently includes, and expands on, the shuttering of 46 stores that was announced internally on Dec. 27, and brings the number of stores closed by Sears during this fiscal year to more than 200.

The Business Insider story includes a list of Sears and Kmart stores to be closed.

USA Today, meanwhile, reports that Macy’s will close 68 stores and cut 6,200 jobs. Nine store closings had already been announced, and three of the locations were already closed. The company has a total of 730 stores, the report notes.

The Macy’s closures span the country from Florida to Oregon, the report notes.

“Some of the stores are relatively new to the chain,” USA Today notes. “The Macy’s store in the Eastland center in Columbus, Ohio, opened in 2006, and has 73 employees. Some, however, are historic or have been around for decades. Macy’s said it will shutter its store in downtown Minneapolis opened in 1902, where it has 280 employees.”

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