There’s more cost-cutting planned at Sears Holdings through the end of this year and the beginning of next year. That news shouldn’t surprise anyone, but the total has increased to 39 Sears stores, and 70 Kmart stores, along with one Sears distribution center, one Kmart distribution center, and three Sears repair centers.
Financial research site Seeking Alpha used local news reports and information from current Sears and Kmart employees to assemble what it believes is a comprehensive national list of stores and facilities that are going to close. The list isn’t confirmed, because Sears Holdings will not confirm the truth of the list: at best, it will not deny the information that Seeking Alpha is putting out.
Two additions to the list are the Sears repair center and distribution center in Columbus, Ohio. The two Sears Auto locations that were slated for closing while the associated Sears store remained open have been removed from the Seeking Alpha list, probably due to clarification from Sears or updates from employees of that location. Some of the scheduled closing dates have also been moved up, which may prove problematic for shoppers using layaway plans, who now need to have their plans moved to another store or to Kmart.com, or perhaps canceled altogether.