In the first quarter of 2018, same-store sales fell by 13.4% at Sears stores and by 9.5% at Kmart. Earlier in June, Sears Holdings announced it would be closing 68 more stores by September.
Sears on Thursday said it was closing another 28 Kmart stores in addition about 300 previously announced closings this year. The retailer announced this with its earnings statement that showed a ...