Monday, September 19, 2016

At Least 17 More Kmart Stores To Close By End Of 2016

Image result for kmartAt the end of last week, employees at Kmart stores across the country received bad but not entirely unexpected news: their stores are closing by the end of 2016, and they will lose their jobs. We can confirm that 12 locations in 11 states plan to close on or before Dec. 11, and will most likely add more locations to this list later today or later this week.

“We have been strategically and aggressively evaluating our store space and productivity, and are accelerating the closing of unprofitable stores as we have previously announced,” a Sears spokesman said in identical statements to all of the stores’ respective local news outlets, saying that any store closing is a difficult decision, and that the company hopes that shoppers will make online purchases from Kmart.. . . more

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