Sears is opening new stores (yes, you read that right)

Embattled US department-store icon Sears is about to open three new-format stores. Rescued from bankruptcy by its former chairman Eddie Lampert last month, the company closed a further 300-odd stores – those on top of the 1700 it has shuttered since April 2007. It has just 425 remaining now.   But in its new trimmed-down guise, the company plans to open an unspecified number of new shops which will not stock any apparel, focusing instead on categories such as appliances, home services and

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