Sears says it is closing more than 100 stores and laying-off more than 5,400 employees across the nation.
Facilities being closed include K-Marts in Bloomington and Peoria along with Sears and Sears Auto Centers in Danville and Forsyth. Many will shut their doors just before Christmas.
No properties in Springfield will close.
In a statement, Sears Holding Corporation spokesman Howard Reif declined further comment. Some stock analysts say more closures could be announced.