Sears eyes store closures

HOFFMAN ESTATES, Ill. — Sears Holdings is aiming for $1 billion in savings in its long-term restructuring plan, much of it from closing floundering stores, according to a release last week. The closures would be in addition to the 42 Sears and 108 Kmart stores already slated for the axe this spring. Without detailing specifics, the company said it would consider options for its Kenmore and DieHard brands.