In February 2017, Sears announced a restructuring plan that it hoped would cut costs by US$1 billion, via selling more stores, cutting jobs and selling brands. During the second quarter of 2017, 42 Sears stores in 40 states closed. Sears later announced that it closed an additional 12 stores. In May 2017, Sears announced it would close 20 stores, including the last Sears store in Rhode Island, at Rhode Island Mall in Warwick. In July 2017, Sears announced it would close another 43 stores (8 Sears and 35 Kmart stores).