No Oklahoma Stores In Latest Sears Closing Announcement
NEW YORK - Sears is closing an additional 72 stores this year, according to the retailer. None are in Oklahoma.
The closures are part of the chain's strategy to focus on its best-performing stores as it tries to stem years of losses.
Its revenue plummeted more than 30 percent, Sears said, in a quarter the CEO admitted was "challenging."
The beleaguered department store chain has closed more than 100 stores in the first three months of the year, according to SEC documents.