Forest Park’s Kmart store at 7630 Roosevelt will close for good in early December, a Sears Holdings press statement confirmed Wednesday.
“Store closures are part of a series of actions we’re taking to reduce on-going expenses,” said Sears Director of Corporate Communications Howard Riefs in a press statement.
According to Riefs, the store has 107 employees and some will be eligible to receive severance pay, and be able to apply for open positions at other Sears or Kmart stores. Most workers at the store, however, are part-time, hourly employees, Riefs said. The store will remain open, but will begin a liquidation sale on Sept. 28.
Forest Park Village Administrator Tim Gillian said Sears had not officially contacted the village about the closing. Signs in the store said layaway was no longer being offered because the store was closing.
Additional coverage in next week’s Forest Park Review