Strategy: Sears is closing 103 stores — here's where they will shut down

Sears is closing 64 Kmart stores and 39 Sears stores.

• Sears is closing 64 Kmart stores and 39 Sears stores.
• Most of the stores will close by April.

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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.

The company closed nearly 400 Sears and Kmart stores last year.

The upcoming round of closures will leave Sears with 875 stores, down from 3,510 just six years ago.

Investors have applauded Sears' efforts to rapidly close unprofitable stores. But sales have shown no signs of rebounding.

"Despite its significant efforts to reduce its stores, it has not materially improved its weak operating performance to date," Christina Boni, vice president at Moody's Investors Service wrote in a recent research note.

Kmart's business in particular is at risk, given its "meaningful market share erosion and estimated reduction of stores in excess of 30% this year," Boni said.

Two years ago, Kmart had 941 stores. After the upcoming round of closures, it will have about 400.

Here's a full list of the stores closing.

Kmart

• 1 Kmart Plaza/State Hy 89, Cabot, AR
• 8701 West McDowell, Tolleson, AZ
• 750 West Deuce Of Clubs, Show Low, AZ
• 301 Gardner Field Road, Taft, CA
• 8017 South Atlantic Avenue, Cudahy, CA
• 1670 East 4Th Street, Ontario, CA
• 1570 W Branch Street, Arroyo Grande, CA
• 2685 Hilltop Drive, Redding, CA
• 3020 N Nevada Street, Colorado Springs, CO
• 1002 East Hwy 50, Clermont, FL
• 10301 S E Us Hwy 441, Belleview, FL
• 3711 E Silver Spring Blvd, Ocala, FL
• 430 Northside Drive, East Statesboro, GA
• 2525 Dawson Road, Albany, GA
• 950 Sunset Blvd, Jesup, GA
• 2501 N Broadway Street, Red Oak, IA
• 7501 Hickman Road, Urbandale, IA
• Route 149 West, West Frankfort, IL
• 3404 Broadway Street, Mt. Vernon, IL
• 1321 Sandy Hollow Road, Rockford, IL
• 5101 E Thompson Road, Indianapolis, IN
• 3175 West 3Rd Street, Bloomington, IN
• 4830 S Broadway Street, Wichita, KS
• 2440 Lone Oak Road, Paducah, KY
• 3555 Highway 190, Mandeville, LA
• 1647 Crofton Centre, Crofton, MD
• 301 Tilghman Road, Salisbury, MD
• 67300 Main Street, Richmond, MI
• 205 South Greenville W Drive, Greenville, MI
• 1700 Cedar Street, Helena, MT
• 3300 Harrison Avenue, Butte, MT
• 706 E Dixon Blvd, Shelby, NC
• 2515 Horner Blvd, Sanford, NC
• 395 Westgate Plaza Road, Franklin, NC
• 175 Freedom Way, Midway Park, NC
• 815 East Innes Street, Salisbury, NC
• 701 5th Avenue SE, Devils Lake, ND
• Milton Road, Rochester, NH
• 1235 S 2Nd Street, Raton, NM
• 2100 E Tucumcari Blvd, Tucumcari, NM
• 4500 North Rancho Drive, Las Vegas, NV
• 2671 Las Vegas Blvd N North Las Vegas NV
• 57 Centre Drive Plattsburgh NY
• 2100 Niles Cortland Road Se Warren OH
• 4010 W Owen Garriott Road Enid OK
• 1025 Washington Pike Bridgeville PA
• 2900 N Elmira Street Sayre PA
• 463 N Enola Rts 11 & 15 Enola PA
• 5050 Jonestown Road Harrisburg PA
• 5 Laurel Mall Hazleton Township PA
• 1874 North Twp Blvd Pittston PA
• 2235 East State Street Hermitage PA
• 3301 Aramingo Avenue Philadelphia PA
• 491 Allegheny Blvd Franklin PA
• 650 Old Willow Avenue Honesdale PA
• 190 Cumberland Square Crossville TN
• 230 Longhollow Pike Goodlettsville TN
• 1317 Tusculum Blvd Greeneville TN
• 1400 Wildcat Drive Portland TX
• 2 Diamond Run Mall Rutland VT
• 1201 N W Louisiana Chehalis WA
• 5636 U S Route 60 E Huntington WV
• 102 Emily Drive Clarksburg WV
• 1477 Maccorkle Avenue St Albans WV

Sears

• 5900 Old Seward Hwy Anchorage (Sur) AK
• 1679 W Lacey Blvd Hanford CA
• 24137 Valencia Blvd Santa Clarita CA
• 9000 Northgate Mall San Rafael CA
• 100 Brea Mall Brea CA
• 100 Westminster Mall Westminster CA
• 5540 Winfield Blvd San Jose CA ?
• 3240 Kirkwood Hwy Wilmington DE
• 5900 West Glades Road Boca Raton FL
• 2930 Watson Blvd Centerville GA
• 2060 Crossroads Blvd. Waterloo IA
• 200 W Hanley Ave Coeur D Alene ID
• 1543 Poleline Road E Twin Falls ID
• Orland Square Mall Orland Park IL
• 1602 State Road 50 Bourbonnais IL
• 3000 W Deyoung Street Marion IL
• 1100 S Green River Road Evansville IN
• 1100 dlesex Turnpike Burlington MA
• 693 Stillwater Avenue Bangor ME
• 2700 State Street Bismarck ND
• 1201 Hooper Avenue Toms River NJ
• 195 N Broadway Hicksville NY
• 1300 Ulster Avenue Kingston NY
• 6000 Glenway Avenue Cincinnati OH
• 3030 Gateway Street Springfield OR
• 1260 Lloyd Center Portland OR
• 1008 Ross Park Mall Drive Pittsburgh PA
• 7300 Bustleton Avenue Philadelphia PA
• 1155 Carlisle Street Hanover PA
• 2200 N Maple Avenue Rapid City SD
• 1000 Hwy #6 Houston TX
• 4511 North kiff Road land TX
• 12625 N I?H 35 Austin TX
• 1000 Newgate Mall Ogden UT
• 15711 Aurora Avenue N Shoreline WA
• 1701 S Commons Street Federal Way WA
• 121 Ne Hampe Way Chehalis WA
• 1555 Green Bay Plaza Green Bay WI
• Brookfield Square Brookfield WI

Sears is closing 64 Kmart stores and 39 Sears stores. Read Full Story