Sears to close another 20 stores

Sears to close another 20 stores

Sears to close another 20 stores

The Sears store in the Acadiana Mall in Lafayette is among 20 US locations that the company announced Thursday it would shut down.

The Sears logo is seen on the side of a store March 24, 2005 in San Bruno, California.

Sears will shutter two Maryland stores in its latest round of closings, including at Hunt Valley Towne Centre in Baltimore County and in Hagerstown. The plan was disclosed early Friday in a filing by Seritage Growth Properties, the landlord for more than 200 Sears and Kmart properties.

The Sears at the Great Lakes Mall in Mentor is closing, a spokesman for the company confirmed.

"We are making the hard, but necessary decision to close the Sears store and Sears Auto Center", Sears spokesman Howard Riefs said in an email late Thursday. Kmart stores in Clementon, East Brunswick, Manahawkin, Mantua, Pleasantville and Rio Grande closed this year.

The 20 closings bring the company's total so far this year to 236, or roughly 17% of the stores it had in January.

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In an email, a Sears spokesman said the stores will close in mid-September and the Sears Auto Centers will close in late July.

The company operates 21 Sears and 25 Kmart locations in New Jersey.

These closures come in addition to the closing of 226 stores - 164 Kmart stores and 62 Sears stores- already announced this year, according to research firm Fung Global & Retail Technology, which tracks retailers' closings.

TravelBrands, which owns Sears Travel, said it is consulting with its legal team before making a statement. Sears Canada filed for protection from its creditors under Canada's Companies' Creditors Arrangement Act, the equivalent of Chapter 11 bankruptcy, on Thursday.

The company will not say how many employees will lose their jobs.

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