Struggling Sears to close 5 IL stores, including in Springfield

Sales fell 30 percent at Sears during the most recent quarter leading to a $424 million loss

Sales fell 30 percent at Sears during the most recent quarter leading to a $424 million loss

Sears said comparable-store sales at both Kmart and Sears grew in several categories, including apparel, footwear and jewelry.

Sears Holdings plans to close another 72 money-losing stores as the department-store chain tries to stem the bleeding from its long-running sales crisis.

No word on when the store closings will begin.

No North Carolina stores were named among the group of closures this time, according to a list the company released Thursday afternoon. There are 17 traditional Sears stores in MI malls.

The network says store closures are actually part of the problem, as two-thirds of the sales issues the company saw in the last quarter are connected to shutdowns. The Davenport Sears is one of two in Iowa that are on the list.

The list of store closings was announced Thursday. It also has showrooms in Apex and Knightdale and an outlet store in Garner. Other store closing will be announced later.

Fallout 76 might be an 'online survival RPG' like DayZ or Rust
The Vault had LightLife Geo-Thermal for its primary power supply, and General Atomics Nuclear Power as a secondary power supply. In Fallout 3 it was listed on a Vault-Tec terminal in the Brotherhood of Steel's Citadel.

Russia Demands Only Syrian Military to Remain Stationed On South Western Border
Iran is a close ally of Syrian President Bashar Assad, and its advisers are embedded with his troops. Nevertheless, rebels had prepared defenses, he said.

Violent Video Game Encourages Players to Take Part in School Shooting
Active Shooter was developed by Revived Games and published by Acid, both of which Valve said are a person named Ata Berdiyev . An online petition urging Valve to pull " Active Shooter " before its release had more than 200,000 signatures.

The company previously announced closures for dozens of KMart stores across the country.

While the retail giant has struggled to retain customers who are increasingly heading online to Amazon or seeking out Walmart stores, it has already closed hundreds of stores.

TV-6 confirmed that the Sears in North Park Mall will be closing in September. The Davenport and Rock Island Kmart locations both closed in the past few years. Revenue fell more than 30 percent to $2.89 billion.

Sales at stores open at least a year, a key gauge of a retailer's health, tumbled 11.9 percent.

Sears Holdings Corp., based in Hoffman Estates, Illinois, lost $424 million, or $3.93 per share, in its first quarter, reversing a profit of $245 million in the year-ago quarter.

Latest News