DETROIT – Sears Holdings announced 43 more store closures on Friday, including two Michigan Kmart stores.
The new batch of closings include 35 Kmart stores and eight Sears stores nationally.
Sears/Kmart closures now total more than 300 this year.
ALSO SEE: Here are the stores closing, opening in Michigan this year
The two latest Kmart closures in Michigan are:
-
801 N Lincoln Road, Escanaba, MI
-
1290 N Monroe Street, Monroe, MI
"We have fought hard for many years to return unprofitable stores to a competitive position and to preserve jobs and, as a result, we had to absorb corresponding losses in the process," Sears CEO Eddie Lampert said in a blog post.
"So, it is obvious that we don’t make decisions to close stores lightly. Our efforts have been, and will continue to be, fact-based, thoughtful and disciplined, with the goal of making Sears Holdings more relevant and more competitive for our members and other constituents."
ALSO SEE: Target to discontinue popular clothing brands, adding 12 new brands
ALSO SEE: Macy's closing 68 stores, 4 in Michigan, after lackluster holiday sales