Marshall's Kmart will be closing this summer, as part of larger series of cost-saving actions being taken by Sears Holdings, a corporate spokesperson said Friday.
Howard Riefs, director of corporate communications at Sears Holdings, confirmed in an e-mail that the Marshall Kmart store would close in mid-July. A liquidation sale will begin April 27, he said.
"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 in the e-mail. He said those actions will help the company to focus on serving customers, both in stores and online.
Photo by Per Peterson
The Kmart in Marshall will close in mid-July, affecting more than 50 employees.
In December 2011, Sears Holding announced it would be closing 38 Kmarts across the country, including four in Minnesota. Since 2011, at least a dozen Kmarts have been shuttered in Minnesota.
The closure of the Kmart in Marshall will affect 57 employees, most working in part time or hourly positions. Riefs said eligible employees will receive severance and have an opportunity to apply for positions at area Sears or Kmart stores.
The Marshall store is not the only Minnesota Kmart that will be closing. Local media reports in Alexandria and Fergus Falls from earlier this year said Kmarts in both cities will shut down this spring.