Entries in Job Loss (1)


Sears Discloses List of Store Closings

Tom Pennington/Getty Images(NEW YORK) -- Sears Holdings released a list of 79 stores on Friday that will be closing under its plan to shutter up to 120 stores. Most of the outlets to close are in the South and Midwest.

“Employment varies by store and format and at this time we cannot provide the total number of impacted associates. However, a typical store that is being closed employs between 40 and 80 associates,” the company said in a statement.

The closings will lead to between 4,000 and 9,600 job losses.

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