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Sears is closing 68 stores as sales tumble — here's the full list
LM Otero/AP
Sears says it's closing another five stores, on top of 63 closings it announced on May 31.
The full list of closings includes 15 Kmart stores and 53 Sears stores.
The company disclosed the list of 63 closings as it announced that revenue dropped by more than 30% for the quarter, to $2.9 billion.
Sears previously announced 166 store closings that took effect this year.
The company has been quietly closing additional stores over the past several months, Business Insider reported.
Sears is closing another five stores, on top of the 63 closings the company recently announced.
The new list, which the company posted on Wednesday, includes Sears stores in Connecticut, Nebraska, and Louisiana. Closing sales will begin in June, and the stores will close by September.
Sears is closing more stores as the company's sales continue to slide, with revenue falling in the most recent quarter by more than 30%, to $2.9 billion, from $4.2 billion in the year-ago period.
Same-store sales during the period dropped by 13.4% at Sears stores and by 9.5% at Kmart.
Sears previously announced 166 store closings that took effect this year, but the company has been quietly closing additional stores over the past several months, as Business Insider has reported.
Sears has cut its store count in half within the past five years. The company had 894 stores as of May 5, down from 1,980 stores in 2013.
The company is looking to raise cash through a potential deal with ESL Investments, the hedge fund run by Sears' CEO, Eddie Lampert.
In April, Lampert proposed that ESL Investments purchase Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some of the company's real estate.
"While we are pleased with the progress on our capital structure initiatives, we are continuously exploring additional opportunities to further streamline operations and adjust inventory and operating expenses," Sears CFO Rob Riecker said in a statement.
The company, Riecker added, "will need to continue to right-size our store base and focus on our best stores, including our new smaller store formats."
Here's the list of stores closing. The newest additions are in bold.
Kmart stores
910 North China Lake Blvd, Ridgecrest, CA
9881 W 58Th Avenue, Arvada, CO
5400 E Busch Blvd, Tampa, FL
4303 Nawiliwili Road, Lihue, HI
2535 Hubbell Avenue, Des Moines, IA
5909 E State Street, Rockford, IL
4070 Ryan Street, Lake Charles, LA
215 North Central Avenue, Duluth, MN
24 34 Barbour Avenue, Clifton, NJ
2100 Carlisle Avenue, Albuquerque, NM
1000 Montauk Highway, West Babylon, NY
25301 Rockaway Blvd, Rosedale, NY
12350 N E Sandy Blvd, Portland, OR
1072 Mountain Laurel Plaza, Latrobe, PA
5000 San Dario Laredo, TX
Sears stores
10001 N Metro Parkway, West Phoenix, AZ
100 S Puente Hills Mall, City Industry, CA
425 Union St, Waterbury, CT
7902 Citrus Park Town Center, Tampa, FL
320 Towne Center Circle, Sanford, FL
2201 Henderson Mill Road N.E., Atlanta, GA
1300 Southlake Mall, Morrow, GA
2100 Pleasant Hill Road, Duluth, GA
320 W Kimberly Road, Davenport, IA
#2 Hawthorn Center, Vernon Hills, IL
#2 Fox Valley Center, Aurora, IL
6136 W Grand Avenue, Gurnee, IL
104 West White Oaks Mall, Springfield, IL
2415 Sagamore Pkwy S, Lafayette, IN
40 Muncie Mall, Muncie, IN
6020 E 82Nd Street, Indianapolis, IN
1781 Sw Wanamaker Road, Topeka, KS
Alexandria Mall, Alexandria, LA
4800 Millhaven Road, Monroe, LA
3601 Southern Ave, Shreveport, LA
2950 E Texas St., Bossier City, LA
Hwys 114 & 128, Peabody, MA
Eastfield Mall, Springfield, MA
3191 S Linden Road, Flint, MI
18900 Michigan Avenue, Dearborn, MI
14100 Lakeside Circle, Sterling Heights, MI
1212 S Airport Road W, Traverse City, MI
Shingle Creek Crossing, Brooklyn Ctr, MN
Miller Hill Mall Duluth, MN
250 S County Center Way, St. Louis, MO
#1 Chesterfield Mall, Chesterfield, MO
1000 Turtle Creek Drive, Hattiesburg, MS
1515 Grand Avenue, Billings, MT
3420 Oak View Drive, Omaha, NE
2800 S Columbia Road, Grand Forks, ND
300 Quaker Bridge Mall, Lawrenceville, NJ
2341 Rt 66, Ocean, NJ
2501 Mt Holly Road, Burlington, NJ
10000 Coors Bypass N.W., Albuquerque, NM
3649 Erie Blvd E, Syracuse, NY
2400 Elida Road, Lima, OH
17271 Southpark Center, Strongsville, OH
300 S Hills Village, South Hills, PA
1000 Robinson Center Drive, Pittsburgh, PA
205 W Blackstock Road, Spartanburg, SC
3101 N Main Street, Anderson, SC
3400 Empire Mall, Sioux Falls, SD
2931 Knoxville Center Drive, Knoxville, TN
2401 S Stemmons Freeway, Lewisville, TX
1800 Green Oaks Road, Fort Worth, TX
11200 Lakeline Mall Drive, Cedar Park, TX
Golden Triangle Mall, Denton, TX
4502 S Steele Street, Tacoma, WA
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