Sears Holding Corp.

Banners hanging outside the Sears store on State Street in downtown Chicago. (Credit: CBS)

Up To 120 Sears, Kmart Stores To Close

Hoffman Estates-based Sears Holdings Corp. is closing between 100 and 120 Sears and K-Mart stores, after abysmal holiday sales.

CBS Chicago–12/27/2011

Sears Sign (Photo by Justin Sullivan/Getty Images)

Sears In Serious Discussions About Moving Out Of Illinois

Sears is showing its strongest signs yet that it is likely to move its headquarters out of Illinois.

CBS Chicago–10/06/2011