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Sears Holdings headquarters The retailer has closed more than 2,000 Sears and Kmart locations over the past decade.

HOFFMAN ESTATES, IL—Sears Holdings (SHLD)said Thursday it would shutter an additional 103 stores in early 2018, two months after announcing that it would close 45 Kmart and 18 Sears locations by January of this year. On a smaller scale in terms of store count, Macy’s Inc. also announced more closings Thursday, revealing plans to shutter 11 locations as it works through a previously announced plan to exit 100 stores.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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