The Kmart store in Shawano will close to the public in mid-July, a company official confirmed Friday.
The store will remain open for customers until then and will begin its liquidation sale on May 4, according to Howard Riefs, director of Corporate Communications for Sears Holdings, the parent company of Kmart.
Riefs said in an email that the store has 55 employees. Those that are eligible will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores.
The store, at 1211 E. Green Bay St., opened in 1989.
A manager at the store Friday would not comment and referred all questions to the corporate office.
“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 email. “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.”
The Shawano store joins four others in Wisconsin that have been slated for closure so far this year. Kmart announced in January that its stores in Hales Corners, Greenfield and Portage would shut down this month.