Company to Close at Least 100 Sears, Kmart Stores

December 27, 2011 at 12:09 pm in WDAZ

NEW YORK (AP) After a disastrous holiday shopping season, the parent company of Sears and Kmart will close at least 100 stores to raise cash a move that sparked speculation about whether the 125-year-old retailer can avoid a death spiral fed by declining sales and deteriorating stores.
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