Sears is closing 28 more Kmart stores (SHLD)
Sears on Thursday said it was closing another 28 Kmart stores in addition to 180 previously announced closings this year.
The retailer announced this with its earnings statement that showed a quarterly loss, as the number of people visiting its stores continued to fall. Sales at stores open for at least a year fell 11.5% in the second quarter ended July 29.
Sears said the full list of closing locations would be posted by midday.
Sears has shrunk from the largest US retailer to a company plagued
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