2. SEARS
Sears Holdings, which owns Sears and Kmart, has been shedding locations so quickly that it’s hard to keep up. There were rumors in 2016 that the company was preparing to shutter its entire Kmart chain. That did not happen, but in January 2017 the struggling retailer detailed plans to close 150 non-profitable stores consisting of 108 Kmart and 42 Sears stores. It’s very likely that those numbers will increase over the course of the year as the retailer has been very aggressive in doing whatever it can to save cash.
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