Sears Disputes Report of 116 Store Closures, 6,100 Layoffs

Gary Strauss, USA TODAY HOFFMAN ESTATES, Ill. (USA Today)—Cash-strapped Sears Holdings rose 4.5% to $35.95 Thursday following a report that it plans to close 116 Sears and Kmart stores and lay off nearly 6,100 employees, many ahead of the Christmas shopping season. Seeking Alpha, a Read More