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More Hard Times Hit Sears and Kmart

If you work for Sears Holdings; parent company for Kmart and Sear discount chain, you may want to consider looking for another job as Sears and Kmart get ready to close 78 more stores due to chronic sales declines in recent times.


The retailer has announced that it would be closing 68 Kmart locations and 10 Sears stores this summer. It had said in February, when it reported its 11th straight year of comparable sales decline.


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