Business & Tech

Future of Ellicott City Sears is Uncertain

Sears Holding Corp. will be closing up to 120 stores but no word yet on which ones.

Sears Holdings Corp. announced today that it expects to close between 100 and 120 Sears and Kmart stores after low holiday sales, according to the Wall Street Journal.

According to the Sears Holdings Corp. website, the company has not yet decided what stores will be closed. A manager at the said she had ā€œabsolutely no commentā€ about the fate of that particular store, on Route 40.

A list of stores slated to be closed will be posted at www.searsmedia.com after the determination is made, according to the website.

Find out what's happening in Ellicott Cityfor free with the latest updates from Patch.

The closings will be aimed at ā€œmarginally performingā€ stores, the Journal reported, though no definition of that was given.Ā 

A statement from the company said the closures are expected to generate $140 - $170 million.

Find out what's happening in Ellicott Cityfor free with the latest updates from Patch.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.