No Peru Sears, Kmart Closures

So far, Illinois Sears and Kmart stores are safe from the chopping block.  Sears Holdings did not include any Illinois stores on its initial list of 79 retail locations to be closed in the wake of weak holiday sales.  The roster, released yesterday, did include three in Indiana.  Governor Pat Quinn announced publicly that he hoped all of the Illinois stores would remain open.  Sears Holdings announced the store closures on the heels of a major tax deal it cut with the state to keep its headquarters in Hoffman Estates.  That ensures more than six thousand jobs stay in Illinois.  The company is expected to announce up to 41 more closings in the coming weeks.  Peru has both a Sears and a Kmart store.