Batesville, Ind. — Sears Holdings says they will close 20 additional stores following a poor performing second quarter of 2017. Company officials cited closing stores, low sales and severance costs as the reason for the loss.
The company says 18 sears stores and two Kmart stores will close. Additionally, pharmacy operations will be closed in 92 Kmart stores and 50 Sears Auto Centers will be closed as well.
Here’s the list of new closures:
- 8201 S Tamiami Trail, Sarasota, FL
- 1601 N Harlem Ave, Chicago, IL
- 9701 Metcalf Ave, Overland Park, KS
- 5715 Johnston Street, Lafayette, LA
- 4575 La Jolla Village Drive, San Diego
- 126 Shawan Road, Cockeysville, MD
- 17318 Valley Mall Road, Hagerstown, MD
- 32123 Gratiot Avenue, Roseville, MI
- 14250 Buck Hill Road, Burnsville, MN
- 1640 Route 22, Watchung, NJ
- 1425 Central Avenue, Albany, NY
- 4000 Jericho Turnpike, East Northport, NY
- 601-635 Harry L. Drive, Johnson City, NY
- 7875 Johnnycake Ridge Road, Mentor, OH
- 6950 W 130th Street, Middleburg Heights, OH
- 3408 W Central Avenue, Toledo, OH
- 650 Bald Hill Road, Warwick, RI
- 300 Baybrook Mall, Friendswood, TX
- 9570 Southwest Freeway, Houston, TX
- 5200 South 76th Street, Greendale, WI
Since 2010 the retailer that changed the shopping paradigm more than 100 years ago has lost $10 billion.
The company also announced its Canadian spin-off, Sears Canada will file for bankruptcy protection. Reports indicate 59 of the company’s 200 stores in Canada will close. The closure will include the loss of 2,900 jobs.