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Troubled iconic retailer Sears is closing 80 additonal stores, including two locally, as it teeters on the brink of liquidation. The company announced the…
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The filing could mark the end of the struggling retailer, which invented the mail-order catalog business and has been an American institution since the late 19th century.
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Sears Holdings Corp., which controls both Sears and Kmart, says it has "identified approximately 100 non-profitable stores."
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2017 was bleak for retailers and 2018 is not starting off any better. Several major department stores, still hurting from declining sales, plan closures in locations nationwide.
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The Justice Department says Kmart has agreed to pay 32.3 million dollars to settle allegations its pharmacies caused federal health programs to overpay…
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Shares of the company's stock tumbled 12 percent today after the company acknowledged Tuesday that its future viability is not a sure thing. The company lost $2 billion last year.
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Cincinnati-based Macy's says it is eliminating more than 10 thousand jobs and plans to proceed with 68 store closures after a disappointing holiday…
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Sears Holdings Corporation says it will close 68 Kmart stores and 10 Sears stores as it struggles to restore profitability. Some of those stores are in…