Four Michigan Sears stores to shut down as part of nationwide closures

Posted at 6:57 AM, May 31, 2018
and last updated 2018-05-31 18:06:45-04

Sears Holdings announced on Thursday morning that it will close 72 more stores after reporting a $424 million first-quarter loss.

Sears locations in Flint, Dearborn, Sterling Heights and Traverse City will be shut down in early September 2018. 

Associates impacted by the store closures will receive severance and will have the opportunity to apply for open positions at area Kmart or Sears stores.

According to the company, as part of their efforts to streamline operations and focus on the best stores, they identified 100 non-profitable stores in the company, 72 of which will begin closing in the "near future."

In January, Sears said it would lay off about 220 people from its corporate offices, effective immediately. Earlier that month, they also said it planned to cut $200 million this year.

The company closed hundreds of stores in 2017 and already intended to close 103 more this spring, not including the 72 they now plan to close.

View a full list of store closings here.