ADVERTISEMENT

Sears is closing 20 more stores — here's the full list (SHLD)

Sears Holdings is closing more stores in the US, in addition to the 245 closings that had already been announced this year.

A Sears store seen in 2014 in Coral Gables, Florida.

Sears Holdings is closing 20 more stores in the US, in addition to the 245 closings that had already been announced this year.

ADVERTISEMENT

The company announced the latest closures to store employees on Thursday, several workers told Business Insider.

Employees say the new list of closures includes Sears department stores in Sarasota, Florida; Roseville, Michigan; Toledo, Ohio; and Overland Park, Kansas, among others.

Sears did not immediately respond to a request for comment.

ADVERTISEMENT

The closings will bring Sears' store count to about 1,180, down from 2,073 five years ago.

Sears announced its first round of store closures in January. Three more rounds have been announced since then.

The latest closures were announced to employees on the same day that Sears Canada, which was spun off from Sears Holdings in 2012, revealed that it would be closing a quarter of its stores — 59 locations total — as part of a court-supervised restructuring.

The two companies operate independently of each other, but Sears Holdings CEO Eddie Lampert remains Sears' Canada's largest investor, with 45% of the company's shares. Sears Holdings owns 12% of Sears Canada's shares.

Here's the list of new closures:

ADVERTISEMENT

If you work at Sears and have a story to tell, email this reporter at hpeterson@businessinsider.com

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Davido launches his label Nine+ in partnership with UnitedMasters

Davido launches his label Nine+ in partnership with UnitedMasters

Nigeria's economic ranking drops to fourth in Africa

Nigeria's economic ranking drops to fourth in Africa

Moscow inaugurates its House of Africa

Moscow inaugurates its House of Africa

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

10 best airports in Africa in 2024

10 best airports in Africa in 2024

10 most expensive cities in Africa in 2024

10 most expensive cities in Africa in 2024

Illegal money changers adapt to Zimbabwe's ZiG currency rollout

Illegal money changers adapt to Zimbabwe's ZiG currency rollout

Zimbabwe's ZiG currency printing contingent on reserve sufficiency

Zimbabwe's ZiG currency printing contingent on reserve sufficiency

The global workforce is set to collapse without Africa

The global workforce is set to collapse without Africa

ADVERTISEMENT