Speed Reads

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Sears to close an additional 72 stores in the U.S.

Sears already announced earlier this year it was closing more than 180 stores, and on Tuesday, 72 more Sears and Kmart locations were added to the list.

Most of the 16 Sears stores, 49 Kmarts, and seven auto centers affected will close in September. With the new closures, Sears will only have about 1,200 stores open, down from 2,073 five years ago, Business Insider reports. The company is dealing with poor sales and major debt. For a full list of the stores set to shut down, visit Business Insider.