Business Insider: Sears on Thursday said it was closing another 28 Kmart stores in addition to 180 previously announced closings this year.
The retailer announced this with its earnings statement that showed a quarterly loss, as the number of people visiting its stores continued to fall. Sales at stores open for at least a year fell 11.5% in the second quarter ended July 29.
All but one store will close by mid-November, Sears said.
