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‘New Sears’ Axes 96 More Stores in Battle to Keep Company Afloat

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The newly reorganized Sears and Kmart operation, under the operating umbrella Transform Holdco, is not having an easy time trying to stay alive. The company is getting ready to shutter 96 more stores, or 51 Sears nameplates and 45 Kmart doors, with going-out-of-business sales slated to begin on Dec. 2. The company has already closed…

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