More than 100 Sears and Kmart stores will lose in March and April, Sears Holdings announced Thursday.

The company will continue to close some unprofitable stores as it attempts to "right-size" the number and size of its physical stores to customers' needs, it said in a statement.

Employees at the 64 Kmart and 39 Sears stores that close will get severance benefits and will be able to apply for open positions at other Kmart and Sears stores, but the company did not guarantee jobs for associates.

The Tyler Sears store is not on the list to close, company officials said.

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