Kmart to Shutter Another LocationPosted: Updated:
Another Kmart store in Indiana is set to close in April. In a letter to the state, the company says the move could affect nearly 70 workers at the Plymouth location. Late last year, Kmart Corp. closed two Indianapolis locations, which employed a total of 270 workers.
Sears Holdings Corp. (Nasdaq: SHLD), the parent of Kmart, has been cutting stores for months in an effort to trim costs.
You can view the notice to the Indiana Department of Workforce Development by clicking here.
Source: The Indiana Department of Workforce Development