Sears opts to close store in Bangor

Sears opts to close store in Bangor

Sears opts to close store in Bangor

Among the locations set to go out of business is the Sears on Hooper Avenue in Toms River. No Sears stores in MI are included in the latest round of shutdowns, which will take place between early March and April.

More than 100 Sears and Kmart stores will be closing come April and July.

That will leave Sears with less than 940 operating locations.

Closeout sales are expected to begin next week with all of the affected locations shuttered by May.

It's closing time for another 39 Sears locations and 64 Kmart stores.

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It has closed more than 1,000 stores in the past few years, including Kmarts in Fayetteville and Goldsboro last year.

But with the rise of e-commerce, Sears and other traditional brick-and-mortar retailers have struggled to keep pace with digital darlings like Amazon.

The company said the closures are part of an ongoing effort to "right size" its store footprint.

Macy's is closing 11 stores and laying off 5,000 employees but neither local store is on the list.

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