The retail market………………Follow up on store closings

2018 has been yet another challenging year for traditional retailers. After shutting down more than 5,000 stores in 2017, there have been more than 4,000 store closures announced so far this year.

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Retail closings: The latest news

The latest news is another batch of Sears and Kmart store closings…

Sears Holdings is shutting down six additional Sears stores and five Kmart stores before the holidays, according to Business Insider. Most of the closings are scheduled for November and December.

They’re taking place in California, Illinois, New York, Ohio, Texas, Virginia and West Virginia. Here’s the full list from Business Insider.

Sears Holdings has shut down several hundred unprofitable stores this year and announced in late August that 46 more Sears and Kmart locations would close in November.

“We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as needed,” Sears Holdings said in a news release.

See the full list of all store closings in the USA until year end:

https://clark.com/shopping-retail/ma…s-closing-2018

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