Closures at Great Indoors

Before the end of the year the US retail group Sears will close down three of its current total of 21 Great Indoors home improvement stores. It is intended to convert a fourth store to another outlet format. The stores facing closure are judged to be underperforming. General manager Jeff Jones puts the average sales of the individual stores at more than $ 30 mio (€ 28 mio) per year. He also announced a programme to improve the operational performance of the entire chain, which includes refinements in the areas of logistics, merchandising and procurement, for example.