Sears noted in its first-quarter earnings report that it identified 100 stores as unprofitable, and marked 63 for closure in September.
Since then it has added another 16 to the list — five more on June 6, and another 10 last week, including nine Sears and one Kmart location.
Liquidation sales are set to start as early as July 13 for the latest batch of targeted stores and have already begun for the balance.
Sears said the closings are part of its ongoing effort to streamline operations and focus on its most profitable locations. Nevertheless, store closures accounted for nearly two-thirds of its 31 percent first-quarter sales decline, the retailer reported.
Related: The Gift That Keeps On Bleeding
Here’s the list of latest additions:
- Kmart, 3180 Highway 2, West Havre, MT
- Sears‡, 6000 Mowry Ave., Newark, CA
- Sears, 145 W Hillcrest Dr., Thousand Oaks, CA
- Sears‡, 451 East Altamonte Drive, Altamonte Springs, FL
- Sears, 300 W. 14 Mile Rd., Troy, MI
- Sears‡, 4155 State Route 31, Clay, NY
- Sears‡, 4400 S Western Ave., Oklahoma City, OK
- Sears, 4588 Virginia Beach Blvd., Virginia Beach, VA
- Sears‡, 1401 Greenbrier Parkway, Chesapeake, VA
- Sears‡, 53 West Towne Mall C, Madison, WI
(Sears Auto Centers at stores marked with an ‡ will close in late August, and the DieHard Auto Center in Troy, Mich., will remain open.)
Related: See Where Sears Lands On The Top 50 Major Appliance Retailers Report
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