Tag Archives: Laying

Sears Closing 100 Stores, Laying Off Over 5,000 Workers

Filed under: Company News, Retail, Layoffs, Consumer Issues, Stores Alamy By Sruthi Ramakrishnan Struggling retailer Sears Holdings (SHLD) will lay off at least 5,457 employees and close over 100 stores, many before Christmas, according to a Seeking Alpha report citing liquidation notices and employees. Sears shares rose 4.6 percent to $ 36 in premarket trading. At least 46 Kmart stores, ...

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