Struggling department store chain Sears closing more stores

New York • Struggling department store chain Sears says it’s closing even more stores as it tries to turn around its business. Sears Holdings Corp. CEO Eddie Lampert said in a blog post Friday that the company would close another eight Sears and 35 Kmart stores that are unprofitable by early October. Hundreds of store closings have already been announced this year. Sears had said in March that there was “substantial doubt” it could continue after years of bleeding money, though it has insisted t...

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