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Sears, Kmart to close 80 locations on day of big deadline

Posted at 2:44 PM, Dec 28, 2018
and last updated 2018-12-28 15:27:05-05

Sears' decline continues to accelerate as on Friday the company announced that it will close 80 Sears and Kmart locations in March.

The announcement came on the same day that Sears faced a deadline to find a seller for the company as part of its bankruptcy. The 80 locations that will close in March is in addition to 40 locations that are scheduled to be shuttered in February.

Of the 80 locations to close, 43 are Sears stores and 37 are Kmart.

The closing includes one Kmart location in Indiana at 11 Sherwood Square in Peru.

To see a full list of stores closing, click here .