The Super Kmart in Juneau will close this winter, ending about 160 jobs, as part of a further reorganization of the bankrupt company. Kmart Corp. announced today it will close 326 stores and will shed 30,000 to 35,000 jobs. The closures.
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NEW YORK – Discount chain Kmart Corp. on Friday said it will close 284 of its 2,114 stores and cut 22,000 jobs as part of its restructuring under Chapter 11 bankruptcy, resulting in a charge of $1.1 to $1.3 billion. The stores to be closed.
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A major retailer said it’s closing two stores in Mid-Michigan. Now 160 Kmart workers stand to lose their jobs. "It’s kind of a let down, but I know I have to get out here and search for something else," Tiffany Broughton said. She’s been working.
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In a statement, the company said, "Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will. He said the majority of these jobs are part-time positions.
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Another Kmart store on the First Coast is closing, this time because of a lease issue, which will knock about 70 people out of work. Officials with the Kmart Corp. in Hoffman Estates, Ill., announced this month that the store at 5751 Beach.
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A liquidation sale will start at the Lansing Kmart May 12. Laid-off employees will get the chance to apply for any open jobs at other nearly Kmart or Sears stores. "We are committed to treating these associates with respect and compassion.
The Kmart closures are just the latest thing reflecting trouble for retailers. Last week, Macy’s said it was slashing 4,800 jobs and closing 40 of its department stores, including one at the Irvine Spectrum. Macy’s attributed its disappointing.
Gap, Kmart and Sears have not said how many people they intend to. “It’s even changing what kinds of seasonal jobs are being offered.” The NRF reported Nov.
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Shop internationally at Kmart Whether you’re visiting the United States, or know someone here, you can do all your international shopping at kmart.com