Sears plans 50 to 80 store closures as challenges mount for Lampert's bid to keep retailer alive
December 21, 2018 at 15:26 PM EST
The retailer is weighing closing to 50 to 80 more stores at the end of the year, people familiar with the situation tell CNBC. That could bring Sears' footprint closer to 400 stores. Lampert has said he wants to buy roughly 500 stores.