More Sears Stores Expected To Close - KMPH FOX 26 | Central San Joaquin Valley News Source

More Sears Stores Expected To Close

Updated:

Sears could be close to closing down.

Sears says it may sell its 51% stake in Sears Canada, which operates nearly 20% of the company's stores worldwide.

It closed about 100 stores in the United States last year.

Analysts expect the company will soon close even more stores and eventually go out of business.

Next week, Sears will announce its first quarter results and possibly more store closings.

There is no official comment from the company at this point.

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