Bloodletting At Sears Continues As 103 More Stores Marked For Closure
- 6 years ago
Sears closed nearly 400 stores last year, and the gutting continues.
According to Business Insider, Sears announced it will be closing 103 stores--most of them by April.
The company's sales are down 45% since early 2013 and its debt load has spiked to over $4 billion.
The company is also losing well over $1 billion annually.
According to Business Insider, Sears announced it will be closing 103 stores--most of them by April.
The company's sales are down 45% since early 2013 and its debt load has spiked to over $4 billion.
The company is also losing well over $1 billion annually.