A statement released by Sears Holdings said the closings come in an effort to "right size" their store footprint and to find a balance between a physical and digital presence. All 103 local Sears and Kmarts, including the Ocala and Bellview locations, will shutter by May.
The company also owns Kmart and announced it will close 64 of those stores. They'll be shuttered between early March and April. The Sears Auto Center there will shutter its doors in late January.
Senate candidate Roy Moore's accuser: I was a 14-year-old child
Corfman after the election and the content of his affidavit demonstrate that if not enjoined, he will continue to defame Ms. She said she had been sitting with her mother on a bench awaiting a child custody hearing in her parents' divorce case.
This is the latest in a round of closings of Sears and Kmart aimed at getting the company on solid financial footing.
Third-quarter 2017 revenue totaled about $3.7 billion compared with $5 billion for the third quarter of 2016.
Apple buys app development service Buddybuild
Buddybuild, as part of the deal, will discontinue its service for Alphabet's GOOGL Android app development starting Mar 1, 2018. Furthermore, there is no guarantee that whichever service they switch to will not ultimately be bought up as well.
CNBC reported that Sears didn't say how many employees would be impacted by the closings, but a majority of the jobs are part-time positions and eligible employees would receive severance. "Kmart comparable store sales decreased 13 percent, while Sears comparable store sales declined 17 percent".
Contact the newsroom at 459-7572.
Children Among 16 Hurt as Another Inferno Devours Building in the Bronx
Adults and children fled from the three stories of apartments above, including a man who ran outside with no shirt and no shoes. Flames and smoke could be seen pouring from the building.