Sears is starting Black Friday early this year - and the entire store is on sale

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Sears is starting Black Friday early this year - and the entire store is on sale

Sears

Sears

A scene in a Sears store from earlier in 2017.

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  • Sears has announced its Black Friday plans, which means instituting deep discounts. Some items will be up to 50% off.
  • This comes amid other holiday plans, like bringing back its famous Wish Book.
  • The company is still searching for a turnaround as it struggles.

Sears is trying to make a splash this holiday.

On Wednesday, the retailer began putting its entire store on sale, CNBC reported. Discounts range from 10-50% at Sears stores and 10-40% at Kmart stores. Each category of the store is discounted at a different percentage, and nothing is excluded.

The sales, which run through Thanksgiving weekend, are intended to help shoppers avoid the Black Friday rush, the company said.

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Sears is looking for ways to turn around its struggling business. Its ambitious discounts are just one part of its holiday plans, which also include relaunching its seasonal Wish Book, a former icon of Sears' golden era.

Sears continues to close stores - 238 Kmart stores and 98 Sears stores this year - amid slowing foot traffic and stiff online competition. Sears now has 1,140 stores, down from 2,073 five years ago.

Just this week, Sears' CEO Eddie Lampert lent the company $60 million from his personal hedge fund.