Business & Tech
Another National Retailer Closing CT Store
Connecticut was hit in the latest rounds of store closings from a national retailer.

MILFORD, CT — Milford's Kmart store is closing for good soon. The Sears location will be spared from closing. A spokesperson for Sears Holdings said 46 additional unprofitable stores nationwide will be shuttered in November as the gasping retail giant tries to “streamline” operations, improve its capital position and focus on the most successful stores. Liquidation sales will begin as early as Aug. 30 at the stores.
Over the past year, the chain announced the closures of more than 160 Sears and Kmart locations. Sears reported a net loss of $424 million during the first quarter of 2018.
The Vernon and Watertown Kmart locations were spared from closures. Milford's store is located at 589 Bridgeport Ave.
Find out what's happening in Milfordfor free with the latest updates from Patch.
The latest impacted employees — the final number of which wasn’t immediately available — were informed of the imminent closures this week.
“We continue to evaluate our network of stores, which is a critical component to our integrated retail transformation, and will make further adjustments as needed,” the company said in a release. “We thank associates affected by these store closures for their many contributions to our company.”
Find out what's happening in Milfordfor free with the latest updates from Patch.
Some workers will receive severance and be able to apply for open positions at nearby Kmart and Sears stores. Customers can use the store locator function on the Sears website to find those locations.
Patch national staffer Dan Hampton contributed to this article.
Image via Shutterstock
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