Sears To Close 72 Stores

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LM Otero/AP Sears is closing 72 Sears and Kmart stores. The company revealed the closures as it announced revenues dropped more than 30% for the quarter to $2.9 billion. Sears previously announced a list of 166 store closures that took effect this year. Over the last several months, the company has been quietly closing additional stores, as Business Insider has previously reported.

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