'Boro NOT On The Sears Holdings' Closing List

Jul 08, 2017 at 07:21 am by bryan


Sears Holdings announced Friday that 43 more stores will be closed in the U.S. this year. Murfreesboro is not on the list, and the only Tennessee store is a Kmart in Jackson.

Thirty-five of the impacted locations are Kmart and 8 are Sears outlets. Unfortunately, the Kmart in Murfreesboro as well as Smyrna were both closed last year.

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CEO Eddie Lampert noted that Sears Holdings is trying to reduce loses from unprofitable stores and to reduce the square footage of some stores that are simply too big for current needs.

How much of an impact is the downsizing of Sears and Kmart stores having? Last year there were 2,073 retail outlets in the Sears Holdngs family, now there are 1,140.

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