Home / news / Sears Holdings to close 150 Sears and Kmart stores, sell Craftsman brand

Sears Holdings to close 150 Sears and Kmart stores, sell Craftsman brand

collected by :Rechard Bernard

follow the latest news of” market news” from different sites to most famous technicals /Chloe Nordquist by 2017-01-09 at 13:17

referring to

Sears Holdings closing over 100 Kmart stores, including one in Southwest Bakersfield

Sears Holdings closing over 100 Kmart stores, including one in Southwest Bakersfield*/

– BAKERSFIELD, Calif. – The Kmart store in Southwest Bakersfield at 3600 Wilson Road is set to close this spring.Sears Holdings announced the closure of 78 Kmart stores and 26 Sears stores Wednesday.The company announced back on December 27, 2016 that they were closing 30 Kmart stores and 16 Sears stores.
.

read more from here

Another Wave Of Sears And Kmart Store Closures – Sears Holdings Corporation (NASDAQ:SHLD)

Another Wave Of Sears And Kmart Store Closures - Sears Holdings Corporation (NASDAQ:SHLD)*/

– It appears that Sears Holdings (NASDAQ:SHLD) is initiating another wave of store closures, with around 32 stores set to close (mostly in April) and liquidation sales due to start next week.This is not unexpected, although Sears likely needs to close many more stores, so I’d expect further announcements later in the year.It also arranged for a secured standby letter of credit facility with affiliates of ESL Investments that should help reassure creditors at least somewhat and give it some additional liquidity.
.

read more from here

Sears Holdings to close 150 Sears and Kmart stores, sell Craftsman brand

Sears Holdings to close 150 Sears and Kmart stores, sell Craftsman brand*/

– Editors note: This story previously reported that 19 underperforming Sears stores would shutter before April based on a Jan. 3 SEC filing.Sears Holdings announced this morning it will close a total of 150 Sears and Kmart stores.Dive Brief:UPDATE: Sears Holdings will shutter an additional 150 unprofitable stores, including 108 Kmart and 42 Sears stores in order to curtail losses, the retailer announced on Thursday.
.

read more from here

BRIEF-Sears Holdings through Sears Roebuck Acceptance, Kmart entered letter of credit, reimbursement agreement

BRIEF-Sears Holdings through Sears Roebuck Acceptance, Kmart entered letter of credit, reimbursement agreement*/

– CORRECTED-TABLE-Brazil’s central bank releases weekly survey of market expectations(Corrects years in table to 2016 and 2017, not 2017 and 2018, and FDI) BRASILIA, Jan 9 Jan 9 See below a summary of market expectations for the Brazilian economy, according to a weekly survey conducted by the central bank with about 100 financial institutions.Median market expectations 2016 2017 previous new previous new fore
.

read more from here

read more
visit us
news

About finance market

Avatar for finance market

Check Also

U.S. Government Spends Your Tax Dollar As tax day approaches picture-12359-310x165

U.S. Government Spends Your Tax Dollar As tax day approaches

The so-called Tax March falls on April 15, the nation’s traditional deadline for submitting tax …