Brian Sozzi

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  • Pedestrians pass a Kmart store on Tuesday, Dec. 27, 2011, in New York. (AP Photo/Frank Franklin II)

    Many Sears, Kmart stores to close

    Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers.

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