Kmart Closing

By: 
Rachael Herbert-Varchetto
Staff Writer

Attention Plymouth shoppers, bluelight specials will be coming to a close in mid April.
Kmart in Plymouth announced recently that the discount store would close.
No surprise to the retail sector, Sears Holdings, parent company of Kmart, announced on Dec. 4, 2014 in their Third Quarter 2014 report that of 1,830 Sears and Kmart stores, roughly 235 underperforming stores would close. The majority of those stores are Kmart stores.
The Plymouth store employs 68 people. Eligible employees will receive severance pay and have an opportunity to apply to open positions at other area Sears and Kmart stores.
Kmart "…expects to migrate the shopping activity of highly engaged members who previously shopped closed stores to alternative channels."
The Plymouth location will hold a liquidation sale on Jan. 25.
According to Howard Riefs, the director of corporate communications at Sears Holdings, "Store closures are part of a series of actions we're taking to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model."
Riefs continued to say that by Sears Holdings taking these actions, the retail giant will be able to focus on its investments in serving customers and members through integrated retail.
The integrate retail model appears to be a combination of store, online, and in home work.
"As a result, we hope to retain a portion of the sales previously associated with these stores by nurturing and maintaining our relationships with the members that shopped these locations," said Riefs.
The Pilot News confirmed that neither the Laporte nor Mishawaka Kmart locations would be closing, the nearest spots of the retail chain to Plymouth.

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