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No Sears or Kmart closings in Arkansas


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Updated: 12/29/2011 3:40 pm Published: 12/29/2011 2:59 pm

LITTLE ROCK, Ark. (AP) — Sears Holding Corp. has released a list of 79 planned store closings and none of them are in Arkansas.

The company announced earlier this week it would close between 100 and 120 stores among its Sears and Kmart holdings. The store closings announced Thursday are short of that number and it was unclear whether Sears planned to add to the list.

Sears Holding Corp. cited dismal holiday sales as the reason for the closures. The company says it wants to focus on its cash-producing stores rather than propping up stores with poor sales and hoping revenues will improve.

 

©2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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