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