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Thu, Apr 25 2024

Sears, Kmart parent company to close another 72 stores as sales crisis continues

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USA TODAY - Facing declining mall traffic, heightened online competition and strategic missteps, Sears sales have plummeted. The company said it had identified about 100 nonprofitable stores overall, which included the 72 set to be shuttered in the "near future." It did not say what would happen to the 28 other nonprofitable locations.

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