Breaking News

Sears to Close 89 Stores, Cut Thousands of Jobs

Hoffman Estates, Ill. (Reuters) -- Sears Roebuck and Co. says as a result of lower domestic sales in December due to general industry softness and difficult weather conditions, and it will close 89 stores and eliminate 2,400 jobs, less than one percent of the work force.

Sears, which operates about 860 full-line stores and more than 2,100 retail specialty outlets, said the closings of underperforming stores will take place in the first quarter.

The stores include 53 NTB auto parts stores, 30 hardware stores and four full-line stores, two of which include Sears Auto Centers.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

The Experience Spring 2013

See all the sights from Clearwater Beach for the inaugural Experience Conference and Exhibition, held from April 17-20, 2013.

THE MAGAZINE

ICS Cleaning Specialist Magazine

ics june cover 2013

2013 June

Take a look at the brand new April 2013 issue with features on Marketing, Rug/Carpet Cleaning, and Hard Floor Maintenance.
Table Of Contents Subscribe

ICS Strategy Poll

What, if any, strategies did you take to “bust out of any winter lull?”
View Results Poll Archive

THE ICS STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\ICS\new site\Upholstery_and_drapery.gif
Upholstery & Drapery Cleaning

Upholstery and Drapery Cleaning - Don’t let the name fool you. This is the industry’s only book covering dozens of household fabrics.

More Products

ICS DIRECTORY AND BUYING GUIDE

Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view

TRUCKMOUNT EQUIPMENT AND ACCESSORIES GUIDE

Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view

STAY CONNECTED

facebook_40.png twitter_40px.png youtube_40px.pngcrc logo