Thursday, October 1, 2015

Belvidere Kmart Closing in Late December

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BELVIDERE (WIFR) – Another big box store casualty will leave a big empty building in Belvidere.

The Kmart in the 500 block of West Chrysler Drive will be closing in late December.

The store will begin liquidation sales on October 25. A Kmart spokesman says the store closure is part of a series of actions the company is taking to reduce ongoing expenses and accelerate the transformation of its business model.

The 67 employees of the store will be offered severance packages.

Belvidere Kmart Closing in Late December

1 comment:

Unknown said...

It's a shame that the Kmart in Belvidere is closing. I remember when they announced that Kmart was coming to Belvidere back in the late '70s and then in 1980 it opened. Before Kmart came to Belvidere, you had to travel to Rockford on East State Street to shop at Kmart.