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Sears and Kmart closing 150 stores

9 years 8 months ago
On the same day that Sears announced plans to sell its iconic Craftsman brand of tools to Stanley Black & Decker, the struggling retailer also said it will be closing 150 more Sears and Kmart stores.

Sears sells Craftsman brand

9 years 8 months ago
Struggling retailer Sears is selling its iconic Craftsman tool division to competitor Stanley Black & Decker for $900 million. Investors loved the news, but Sears still has plenty of problems -- just like other traditional retailers.
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