Report: Another 100 Sears and Kmart Stores to Soon Close, Chain Still Struggling

Report: Another 100 Sears and Kmart Stores to Soon Close, Chain Still Struggling
The Sears logo is seen outside a store in Brooklyn, New York, U.S., October 10, 2018. Shannon Stapleton/Reuters
Jack Phillips
Updated:
Once-prominent retailer Sears declared bankruptcy about a year ago. Still, a new report from the Wall Street Journal revealed the firm is still struggling.

It reported that about a fourth of the 425 Sears and Kmart stores that were brought out of bankruptcy by financier Edward Lampert have closed or are set to close. The Journal cited sources close to the situation.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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