Kmart to close Beach Blvd. store

JACKSONVILLE, Fla. -- The Kmart at 5751 Beach Blvd. will be closing in December, leaving 71 employees looking for work.

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Kmart spokesman Kim Freely told First Coast News employees will be notified of openings at other Kmart and Sears stores in the area, but they will have to apply for any open positions.

Sears and Kmart are owned by Sears Holdings Corp. Freely said store liquidation would begin at the end of September. The Kmart will close sometime in mid-December and vacate the property in late December.

Sears Holdings filed noticewith the State on Sept. 13 about the layoffs.

Freely said Kmart opted not to renew its lease at the shopping center.

In December, Sears Holdings Corp. announcedbetween 100 and 120 stores would be closed, including the Kmarts at 1525 Sadler Road in Fernandina Beach and 1777 US 1South in St. Augustine were closing.

Sears Holdings Corp., based in Hoffman Estates, Ill., said in December that the store closings will generate $140 to $170 million in cash from inventory sales. The retailer expects the sale or sublease of real estate holdings to add more cash.


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