By Samantha Bomkamp and Ellen Jean Hirst
A Sears store stands in Peoria, Illinois, U.S., on Friday, Aug. 16, 2013. Sears Holdings Corp. is scheduled to release second quarter earnings on Aug. 22. Photographer: Daniel Acker/Bloomberg via Getty Images | Bloomberg via Getty Images
Sears said Tuesday it plans to close its flagship location in the Loop this spring.