It's closing time for another 39 Sears locations and 64 Kmart stores. Sears Holdings (SHLD), which owns both Sears and Kmart, made the announcement Thursday, building on months of similar closings aimed at getting the company on solid financial footing. Closeout sales at the affected locations will begin next week, the company said in a press release, and all 103 locations will be shuttered by May. The company said in a press release that "eligible associates impacted by these store closures will receive severance and will have the opportunity to apply for open positions at area Kmart or Sears stores." read more http://money.cnn.com/2018/01/04/news/companies/sears-kmart-stores-closing/index.html
It's a shame the employees will lose jobs and local municipalities retables. The internet is the jump start for all this and continues to trend towards the permanent status of the casual pajama bound shopper.
