By Nathan Bomey and Charisse Jones | azcentral
The parent company of Sears and Kmart plans to close another 63 underperforming stores as the beleaguered department-store chains try to stem bleeding from its long-running decline.
Sears Holdings will shutter 15 Kmart and 48 Sears locations, the latest in a flurry of moves to restore the retailer’s revenue and relevance at a time when an increasing number of shoppers bypass the store chains to shop with online rivals and discounters like Amazon and Walmart.