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Why Struggling Sears is Closing 26 Large-Format Stores, and What it Means for Apparel

A total of 21 Sears doors and five Kmart locations will be shuttered in late October as the re-organized Sears operation shifts to smaller store formats that don’t include apparel offerings. The new Sears entity operates under the Transform Holdco umbrella, which acquired the operating component of the Sears Holdings Corp. business for $5.2 billion…

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