Sears is closing 103 stores — here's where they will shut down by Hayley Peterson on Jan 4, 2018, 3:15 PM Advertisement
 - Sears is closing 64 Kmart stores and 39 Sears stores.
- Most of the stores will close by April.
Sears is closing another 103 stores, on top of the 63 stores closing at the end of this month, the company said Thursday. Most of the stores will close by April. The list of closures includes 64 Kmart stores and 39 Sears stores. "Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to right size our store footprint in number and size," the company said in a statement. "In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members." Sears is closing stores after years of falling sales. The company's sales are down 45% since early 2013, its debt load has spiked to over $4 billion, and the company is losing well over $1 billion annually. Click here for the full list of closures. SEE ALSO: Sears is teetering on the edge of bankruptcy and Kmart could be its first casualty
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