78 Sears and Kmart Locations Will Close Soon

In a bid to arrest its declining sales numbers, Sears Holdings has shuttered a fleet of its namesake and Kmart stores.

The retailer announced on Thursday that it would close 68 Kmart locations and 10 Sears stores this summer, leaving Kmart and Sears with fewer than 900 and 700 stores respectively.

Comparable sales have declined every year since 2005, with net losses reaching a total of $8 billion for Sears since 2010.