Employment News
Sears Holdings Set to Shutter 21 More Stores
By victor | Dated: 02-24-2010
Sears Holdings, owner of Sears and Kmart, announced plans this week to close 21 stores in the spring, which will affect about 1,000 jobs.The company said it will close 13 Kmarts , four Sears stores located in malls and four smaller Sears stores. With the closures, Sears Holdings will have shuttered 56 stores over the past year.
A spokeswoman told the Associated Press the closings “are part of Sears’ normal operations.”
On Tuesday, Sears reported having its most profitable quarter in three years for the quarter ending Jan. 30. Sears Holdings earned $430 million, or $3.74 a share, during its fiscal fourth quarter. That is more than double the profit of $190 million the company earned during the same period last year.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
EmploymentCrossing is great because it brings all of the jobs to one site. You don't have to go all over the place to find jobs.
- Kim Bennett Iowa,
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
