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Sears planning on shuttering more stores even if company survives bankruptcy

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Even if Sears is able to survive its bankruptcy proceedings this month, the retailer will continue to close down stores.

A new business plan shows that the company anticipates closing 36 more of its Kmart stores by the end of the year.

Related Content: Sears staves off liquidation, stores to remain open

Its proposed bankruptcy still needs to be approved by a judge.

Sears and Kmart are down to about 1,000 stores, down from about 3,500 in 2005.

Related Content: Sears gets another reprieve from liquidation

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