NEW YORK (AP) — Sears Holding Corp. is confirming it’s closing a handful of Kmart stores across the country by mid-April as it evaluates its fleet.
The Hoffman Estates, Illinois-based parent, which also operates Sears stores, declined to give a number or offer how many people would be affected, but said that the closures are consistent with a year ago.
In a statement, company spokesman Howard Riefs described the closures as a “small percentage” of its overall store base.
As of the end of its fiscal third quarter, Sears operated 952 Kmart stores and 735 Sears stores.
The move comes a month after Sear reported that its third-quarter loss narrowed as it reduced expenses but sales continue to decline at the two ailing chains.
The manager of the Madison Street store in Clarksville said the going-out-of-business sale begins Sun., Jan, 24, but could not confirm a closing date.
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