Network Sears closing between 100 and 120 Sears and Kmart stores. Not yet determined which stores w

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After poor sales this holiday season the network has decided reifschneider store to close shops caused losses. She claimed the move would bring savings of 170-140 million
Network Sears closing between 100 and 120 Sears and Kmart stores. Not yet determined which stores will close. The network decided to move following poor sales during the holidays. It plans to close stores or generating losses caused meager profits, and produce stores focus on profits only.
Sears Holdings, with headquarters located in the state of Illinois, announced the closing of shops and sale of equipment will result in savings of 170-140 million. The company, which operates Sears stores brands and Kmartorubak & Co, was hit hard competing with Macy's on the same market segment. The slowdown in the U.S. economy and the slowdown in consumption does not allow it to benefit from tough competition. During the year, the Group closed a number of branches, but the current move is the most extensive.
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