Sears is closing more stores and selling others in an online auction

Sears is closing several stores and selling 16 others in an online auction.The closing stores include Kmart and Sears locations in Wilmington, North Carolina; Youngstown, Ohio; Brandon, Florida; and Saugus, Massachusetts.The properties for sale are in Missouri, Michigan, Ohio, Indiana, and Texas. They are advertised as sale and lease-back deals, meaning Sears would make rent payments to the winning bidders to remain in the space. 

Sears is closing several stores and selling 16 others in...

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