Sears To Close Another 72 Stores As Sales Plunge!

posted by Carolyn McArdle -

Sears will close another 72 stores as sales plunge and losses grow.

Sears says it has identified about 100 stores that are no longer turning a profit, and the majority of those locations will be shuttered soon.

Sears lost $424 million, or $3.93 per share, for the period ended May 5. It earned $245 million, or $2.29 per share, a year earlier, a quarter that included a $492 million gain tied to the sale of the Craftsman brand.

Here is a complete list of stores that are closing: 


Photo: Getty Images.

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