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Sears, Kmart Owner Secures $250 Million, Plans to Close Another 96 Stores

Here Are Locations the Retailer Says It Will Eliminate as Holidays Approach
Transform Holdco plans to close 51 Sears stores. (Getty Images)
Transform Holdco plans to close 51 Sears stores. (Getty Images)
By Jennifer Waters
CoStar News
November 8, 2019 | 12:35 AM

The company behind the long, slow contraction of Sears, once America’s biggest department store chain, has received a cash infusion while announcing plans to shut about a third of existing Sears and Kmart locations. And more store closings could be coming.

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