More Sears Stores to Close

HOFFMAN ESTATES, Illinois – Sears is announcing it planned to close dozens more Sears and Kmart stores around the country. To close in late January of next year will be 45 Kmart and 18 Sears stores. One of the Sears stores that will be shuttered is on Medford Drive in Lufkin. For years, Sears and Kmart have been losing billions of dollars and closing stores. The parent company, Sears Holdings, hasn’t turned a profit since 2010.