Less than a year after buying Sears Holding Corp., Transform Holdco said it plans to close 96 Sears and Kmart stores, or more than one-third of its remaining large-format stores.
Going out of business sales at these stores, which include six in the Greater Bay Area, will begin on Dec. 2. Sears stores in Tracy, San Jose, San Bruno and Kmarts in Petaluma, Concord and Scotts Valley are on the list.
Transformco cited a “difficult retail environment and other challenges” for the decision to shutter…
