Guess it was to happen sooner or later…..

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Sears, Kmart to shut 100-120 stores

By Chris Isidore @CNNMoney December 27, 2011: 10:29 AM ET

NEW YORK (CNNMoney) — Sears Holdings on Tuesday reported a sharp drop in holiday sales compared to a year ago, and said the results will force it to close 100 to 120 Sears and Kmart stores.

The stores to be closed have yet to be identified. The company is one of the nation’s largest retailers with more than 4,000 stores in the United States and Canada……[More from CNN]

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