Sears is closing 26 more stores. Here's the full list.
Sears is closing 26 more Sears and Kmart stores in the US in October, a press release from the retailers' parent company said on Tuesday.
Included in the closures are 21 Sears and five Kmart stores.
Sears Holdings filed for bankruptcy in October 2018 but was bought out in February 2019 by Eddie Lampert, the company's former CEO. Hundreds of Sears stores have closed in the last few years.
Sears is closing more Sears and Kmart stores.
The two retailers' parent company, Transform Holdco, announced in a press release on Tuesday that 26 stores will close in late October, with liquidation sales expected to begin around August 15. Included in the closures are 21 Sears and five Kmart stores.
These closures join the growing list of hundreds of Sears stores to have closed in the last few years. The company was bought out of bankruptcy in February.
It also said it would open more of its small-format stores.
"After careful review of where we are today, we believe the right course for the company is to accelerate the
expansion of our smaller store formats which includes opening additional Home & Life stores and adding several hundred Sears Hometown stores after the Sears Hometown and Outlet transaction closes," the company said in a press release.
"We have made the difficult but necessary decision to close 26 large-format Sears and Kmart stores in late October."
The announcement also said that the Sears Auto Centers at the closing locations will remain open until late August.
The following stores are set to close in late October:
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