Sears is to close 100 to 150 of its shoe stores. Sears was lumbered with 380 unwanted shoe stores in May after the collapse ofStephen Hinchliffe’s Facia retail group.
Sears is left with 200 stores following a three-month auction and it is expected that many of those will soon have to close.
- Sunday Times Business 25/08/96 page 2, 5
