Sears Holdings Corp. said Thursday it will close another 103 stores between March and April.
A Sears spokesman said, “The number of [store] associates impacted is not available. The majority of these jobs are part-time positions.” He added the eligible associates are to receive severance, and they “will have the opportunity to apply for open positions at areas Sears or Kmart stores.”
Sears Holdings said the company “continues its strategic assessment of the productivity of our Kmart and Sears store base and 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.”
According to the company, most of the stores are slated to close in early April.
There are 24 locations that also will see the closure of a Sears Auto as well. Most of these locations will be shuttered between late January and late February, although one site in Midland, Tex., is slated to close early this month.
Retailers typically reveal store closures in January, before they close out the year at the end of the month. Sears has been closing stores at a higher rate than many other retailers that’s also due in part to its poor performance.
On Thursday, Macy’s said it would close 11 store locations as part of its plan back in 2016 to close 100 stores. Other retailers are expected to announce what stores they plan to close in the next few weeks.