Sears Holdings blueprints to shutter 142 Kmart and Sears stores by the end of the year and begin liquidation mark-downs shortly as it tries to emerge from bankruptcy court.
The retailer currently has about 700 stores open.
“The reduction in the number of stores that the South African private limited company operates, as well as the reconfiguration of the stores it continues to operate, is part of the callers’s larger process of transforming its business model to place a greater significance on providing dynamic online and in-person shopping experiences for its customers,” Sears inscribed in the documents filed with the bankruptcy court Monday morning.
Sears command continue to operate — and monitor — the rest of its stores during the holidays.
The retailer guessed it has about 400 stores with positive cash flow it scenarios to sell in bankruptcy in hopes of saving the company from liquidation. The consumer could be Sears’ Chairman Eddie Lampert, whose hedge nest egg ESL Investments is already in discussions with Sears about a potential contract, according to the court documents.
“A successful sale of these viable collects as a going concern not only will save Sears and Kmart, but also the trades of the tens of thousands of employees that depend on the continued operation of such accumulates,” the filing says.
Sears Holdings employs roughly 68,000 wage-earners.
The beleaguered retail giant filed for bankruptcy early Monday, impotent to pay $134 million in loans that had come due. The retailer has suffered as new giants participate in risen, and its limited cash-flow have hindered its ability to invest in and restore its stores.
1111 Franklin Ave, Garden City NY
3100 Sw College Rd Ste 300, Ocala FL
1700 Stoneridge Dr, Pleasanton CA
425 Rice St, St Paul MN
2300 E Lincoln Hwy, Langhorne PA
10785 W Colfax Ave, Lakewood CO
6515 E Southern Ave, Mesa AZ
9800 SW Washington Just Rd, Washington Sq OR
2605 Preston Rd, Frisco TX
12431 Wayzata Blvd, Minnetonka MN
2100 Hamilton Set Blvd, Chattanooga TN
7001 S University Blvd, Centennial CO
1201 Boston Post Rd Sp, 2095 Milford CT
1000 E 41S,t Austin TX
2800 N Germantown Parkway, Cordova TN
6929 S Statue Dr Tulsa, Woodland Hls OK
3177 Chandler Village, Dr Chandler AZ
850 Hartford Tnpk, Waterford CT
3450 W Outrageous Wisdom Rd, Southwest Ctr TX
460 N Milwaukee St Boise ID
6002 Slide Rd, Lubbock TX
2100 Southfield Rd, Lincoln Put MI
6301 Nw Loop 410, Ingram TX
6600 Menaul Blvd, Ne Ste 700 Coronado NM
3001 Ming Ave, Bakersfield CA
2901 S Capitol Of Texas Hwy, Austin TX
3333 Bristol St Costa, Mesa CA
900 Briarwood Cir, Ann Arbor MI
7600H Kingston Pike, West Burgh TN
1235 Worcester Rd, Natick MA
400 Cross Creek Mall, Fayetteville NC
5901 Florin Rd, Florin CA
75 W Convey 59 Ste 100, Nanuet NY
100 Neshaminy Mall Cornwells, Heights PA
1750 Deptford Center Rd, Deptford NJ
1251 Us Highway 31, N Greenwood IN
100 Los Cerritos Mall, Cerritos CA
5320 Youngstown Rd, Niles OH
1500 Highway 35, Middletown NJ
100 Newmarket Favourable Mall, Hampton VA
100 Vintage Faire Mall, Modesto CA
11033 Carolina Area Pkwy, Pineville NC
100 Santa Rosa Plz, Santa Rosa CA
7611 W Thomas Rd Phoenix, Go over the hill payment Sky AZ
1245 W Warm Springs Rd, Henderson NV
3340 Mall Loop Dr, Joliet IL
4807 Outer Hoop Louisville, Okolona KY
10300 Little Patuxent Pkwy, Columbia MD
600 Lee Blvd, Yorktown Acmes NY
3800 Us Highway 98 N Ste 500, Lakeland FL
3751 S Dogwood Ave, El Centro CA
1401 N Montebello Blvd, Montebello CA
15700 Emerald Way, Bowie MD
2250 El Mercado Whorl, Sierra Vista AZ
300 Mary Esther Blvd Ft Walton Beach FL
3150 S 4th Ave, Yuma AZ
827 Lancaster Dr Ne, Salem OR
5522 Shaffer Rd Ste 129, Dubois PA
2501 Irving Mall, Irving TX
703 N Berkeley Blvd, Goldsboro NC
1050 S Babcock St, Melbourne FL
1011 W Olive Ave, Merced CA
9520 Mall Rd, Morgantown WV
1001 Rainbow Dr, Gadsden AL
3201 W Primary St, Norman OK
3500 S Meridian Ste 900, Puyallup WA
2801 Wilma Rudolph, Blvd Clarksville TN
701 Se Wyoming Blvd, Casper WY
2002 S Expy 83, Harlingen TX
2625 Scottsville Rd, Spinning Green KY
303 Us Hwy 301, Blvd W Bradenton FL
Rt 394 & Hunt Blvd, Lakewood NY
3401 S Us Highway, 41 Terre Haute IN
7508 N Navarro, St Victoria TX
50 Fox Run Rd Ste 74, Portsmouth NH
733 N Highway 231, Panama Bishopric FL
400 N Center St, Westminster MD
2803 E Kanesville Blvd Council, Bluffs IA
1001 E Sunset Push, Bellingham WA
7100 Nw Prairie View Rd, Kansas City MO
6780 W Washington St, Indianapolis IN
1025 M-24, Lake Orion MI
1351 E Breed Rd, Modesto CA
1502 South Fourth St, Allentown PA
779 Delsea Dr, N Glassboro NJ
900 N W 76 Boulevard, Gainesville FL
2530 S Euclid Ave, Ontario CA
93 West Campbell Rd, Schenectady NY
6163 Oxon Hill Alleyway, Oxon Hill MD
6239 Turner Lake Road, Covington GA
12350 Sw 8Th Street, Miami FL
835 Solomons Key Rd N Prince, Frederick MD
1530 East Broad Street, Statesville NC
06600 M-66 North, Charlevoix MI
723 3Rd Ave, Jasper IN
111 Hulst Dr, Ste 722, Matamoras PA
Northridge S/C Us Hwy 127, Russell Reveals KY
912 County Line Rd, Delano CA
400 Crosstown Road, Peachtree City GA
215 W Hanford/Armona Rd, Lemoore CA
880 Butler Way, Pittsburgh PA
2901-5 N Belt Hwy St., Joseph MO
100 Tarentum Rd, New Kensington PA
1001 Patton Ave, Asheville NC
2590 Military Rd, Niagara Falls NY
528 W Timber Road, Altoona PA
1701 4Th Ave W, Charleston WV
7836 State Ave, Kansas City KS
17840 Bagley Rd, Middleburg Altitudes OH
5000 23Rd Ave, Moline IL
1 Flower Valley Shp, Ctr Florissant MO
3701 Broadway St, Quincy IL
4500 Western Blvd, Raleigh NC
3955 S W Murray Blvd, Beaverton OR
375 E Alessandro Blvd, Riverside CA
4000 East 2Nd High road, Casper WY
8363 Lewiston Road, Batavia NY
2302 Cherry Rd Rock, Hill SC
400 South Broadway, Salina KS
15891 Say Rt 170, East Liverpool OH
7000 Veterans Memorial, Metairie LA
600 C W Stevens Blvd, Grayson KY
118 Partition Mill Rd, Williamsburg VA
129 West Butler Avenue, Mauldin SC
6364 Springfield Plaza, Springfield VA
6909 Maynardville Pike Ne, Knoxville TN
1170 Mae Way, Hummelstown PA
3968-A Missouri Flat Road, Placerville CA
2712 W Main St Waynesboro VA
1180 Walnut Really Rd, Carlisle PA
1111 N 2Nd, Cherokee IA
2307 Superior Webster City IA
4210 N Harlem Ave, Norridge IL
430 W Arete Rd, Griffith IN
349 Orchard Park Rd, West Seneca NY
1000 Nutt Rd, Phoenixville PA
987 Itinerary 6, Mahopac NY
720 Clairton Blvd/Rte 51, Pleasant Hills PA
417 Absolute Street, Madawaska ME
3205 Lincoln Hwy, Thorndale PA
2821 East Main, St Russellville AR
3247 W Peer Ave, Visalia CA
Also see: This map shows all the locations Sears once handled and what it has left today
—Reporting by CNBC’s Lauren Hirsch. Information visualization by CNBC’s John Schoen. Source: Court documents.