Sears Holdings Corp.

Sears will close stores at Hunt Valley Towne Centre and in Hagerstown

Sears will close stores at Hunt Valley Towne Centre and in Hagerstown

Sears will shutter stores at Hunt Valley Towne Center in Baltimore County and Hagerstown in a new round of closings announced Friday, part of cost-cutting measures the struggling retailer is taking to shore up its business.

The two Maryland locations are among 20 unprofitable stores where Sears Holdings Corp. will terminate leases with landlord Seritage Growth Properties. The locations represent about 3.8 million square feet, Seritage said Friday in a filing with the U.S. Securities and Exchange Commission.

"We are making the difficult, but necessary decision to close" the Sears and Sears Auto Center on Shawan Road, and Sears in Hagerstown, said Howard Riefs, a...

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