The Kmart store at 3535 W. 13th St. in Grand Island will close to the public in early June, according to an official from Sears.
“Until then, the store will remain open for customers,” said Howard Riefs, director of corporate communications for Sears Holdings.
Riefs said the store will begin its liquidation sale on March 16.
“Store closures are part of a series of actions we’re taking to reduce ongoing expenses, adjust our asset base and accelerate the transformation of our business model,” Riefs said. “These actions will better enable us to focus our investments on serving our customers and members through integrated retail — at the store, online and in the home.”
He said the store has 55 employees.
“Those associates that are eligible will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores,” Riefs said.
He said most of the associates are part-time, hourly employees.
Kmart purchased Sears in 2005, forming a new corporation under the name Sears Holdings. Sears operates a store in the Conestoga Mall in Grand Island.
On Dec. 27, 2011, after a poor showing from holiday shoppers, Sears Holdings announced that 100 to 120 Sears/Kmart stores would be closing.