Shoppers fill the check-out lanes at Kmart in Montgomery on Thursday, November 22, 2012. The store was open from 6 a.m. until 4 p.m. Thanksgiving Day, and reopened at 8 p.m. for Black Friday doorbuster sales. | Jeff Cagle~For Sun-Times Media
Updated: February 9, 2014 6:24AM
A longtime anchor store in Montgomery, Kmart will shutter its doors at 1900 Douglas Road in mid-March.
Come spring, Kmart will no longer have a presence in the Aurora area. According to an email statement from Howard Riefs, director of corporate communications at Sears Holdings, the store began its liquidation sale last week, and will close to the public in mid-March.
“This store is being closed because the lease was not renewed. 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. 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,” Riefs wrote.
Riefs said that the store in Montgomery has 81 employees, and those associates that are eligible will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores. He added, “Most of the associates are part-time.”
Kmart has been located at Settler’s Landing since opening in March 1984. There are currently no plans for the building, said Montgomery Village President Matt Brolley, who said he is not surprised by the news.
“Ours stayed alive a lot longer than the others,” Brolley said.
He added, “We’ll be working closely with the current management to wind down their operations.”
Brolley said that with Montgomery’s new development director, Rich Young, “we’re in good shape to help (the landlord). I hope that it creates a new opportunity for that whole center.”