Sears closing stores in Springfield, Peabody

Sears Store Door Entrance in Southcentre Shopping Mall in South Calgary with Liquidation Sale Deals due to upcoming Corporate Closure and going out of Business

The Sears store inside the Honey Creek Mall will remain open.

Sears Holdings will close another 100 unprofitable stores after another quarter of losses and slowing sales.

Liquidation will begin as early as June 14.

USA Today reports that the company plans to reveal the list of store closures on Thursday. Earlier this year, the company shuttered locations in Wilmington and Asheville as well as five other stores in the state.

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Sears previously announced a list of 166 store closures that took effect this year.

The operator of Sears and Kmart stores posted a first-quarter loss of $3.93 a diluted share.

For the full list of stores closing, see the related links section.

Sears closed its store in the Enfield Square Mall two-and-a -half years ago.

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Sears has scrambled to close stores and sell off real estate, and has cashed in its Craftsman, Stanley Black & Decker and Lands' End brands, but critics aren't sure how much longer the company can stave off bankruptcy. Jeff Braun said he was reminded of that recently when he found and used his grandfather's 70-year-old Sears table vise. The remainder of the non-profitable stores are being evaluated further. "Essentially, it has been injury by a thousand cuts, whether by failing to staff stores to provide customers with good experiences or by failing to stock better quality merchandise in its stores".

Shares of the struggling department store operator, which have lost almost all its in the last five years, fell 10 percent to $2.89 in premarket trading.

Sears is also exploring the sale of its Kenmore brand. Amazon began selling Sears's Kenmore brand of ovens, washers and other appliances past year.

There are also independently owned Sears Hometown stores in East Wareham, Great Barrington and Hadley.

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