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Weeks after tax deal, Sears announces store closings

December 27, 2011

Just 2 weeks after the governor signs a deal to keep Sears in Illinois, the retailer announces Tuesday that it plans to close 120 stores, affecting hundreds of employees. The news about the struggling retailer didn't surprise analysts. But state officials were upset in light of their recent battles with the retail giant and threats of moving its headquarters and thousands of jobs out of Hoffman...

Source: http://dailyherald.com/article/20111227/business/799996338/
 
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