The Kmart located along 10th Street in Jeffersonville confirmed on Thursday it will close its doors following the holiday season.
The company is shutting down the 90,000-square-foot facility because it has decided not to renew its lease at that location.
Company Spokeswoman Kim Freely did not offer a direct response when asked if the closing was a result of poor sales. Instead she said it is a normal course of business for Kmart to determine if it will renew a lease or allow it to expire. For the Jeffersonville location the company is allowing the lease to expire.
According to Clark County property assessment records the owner of the land is Louisville-based Eastmoor Acres Realty Company, Inc. A phone call to Eastmoor Acres confirmed they owned the property, but they were unaware the lease was not being renewed.
Kmart announced the closing of its Clarksville location at a similar time last year, but did cite poor performance as a factor in that decision, according to a previous report in The Evening News.
Currently there are 62 employees working at the 10th Street location.
The associates can apply for open positions at other stores, but there are no plans to relocate the people working at the Jeffersonville store and Freely would not comment on severance details for other employees.
The last day the store will be open to the public is scheduled to be Feb. 14, 2010, and there are currently no plans to open another store in the area, she said.
Kmart has about half a dozen stores in the Louisville Metro area, including one in New Albany along Grant Line Road.
There are 1,368 Kmart stores across 49 states, Guam, Puerto Rico, and the U.S. Virgin Islands, according to its Web site. Kmart’s parent company, Sears Holdings Corp., is the nation’s fourth-largest retailer with revenues exceeding $50 billion and is headquartered in Hoffman Estates, Ill.
Clark County
Related Photos
-
Staff photo by C.E. Branham
Discussion
Jeffersonville Kmart closing
10th Street Store will stay open through the holidays,
-
-
Appeals court hears Covered Bridge case
The Indiana Court of Appeals heard the respective oral arguments on the town of Sellersburg’s effort to annex the Covered Bridge Subdivision and the Willows on Wednesday. Covered Bridge appealed the trial court’s ruling that the town’s annexation preceded the subdivision’s effort to incorporate into an independent town and that, in exchange for sewer service, the residents would agree to not remonstrate against the annexation attempt.
Continued ... -
Redistricting on tap again for Jeffersonville
Though they just did so last year, it’s already time for the Jeffersonville City Council to start thinking about redistricting again.
Continued ... -
JEFF Fest set for June 9
The Jeffersonville Entire Family Fun Festival, better known as JEFF Fest, will
Continued ...
be held from 11 a.m.. to 4 p.m. June 9 in Jeffersonville’s Preservation Park, 150 W. Market St. -
Charlestown encourages Realtors and developers to help it grow
he city hosted a showcase for about 200 developers and Realtors at Charlestown High School on Tuesday. The purpose of the showcase was to pitch the city as a place that is expected to prosper, especially in light of the continued development at River Ridge Commerce Center.
Continued ... -
Jeffersonville mayor vetoes two council acts
“It’s a meaningless resolution. It carries no weight. I think it’s political posturing and I’d as soon not be a part of it,” Moore said. “I will not be brought into a political discussion that’s already been decided.”
Continued ... -
Bridges project specifics emerging
Valentine outlined that incentives will be part of Kentucky’s contract with the winning bidder.
Continued ...
He explained that once construction begins, the expected cost of construction per day will total about $80,000 and the contractor can earn incentives for finishing early and penalties for finishing late. A completion date is set for June 30, 2018. - News and Tribune briefs for May 23, 2012
- May 22, 2012
-
Gregg picks Simpson for Dems ticket
Gregg got his biggest applause from the crowd Tuesday when he played up their joint support for women’s access to health care, which has become a national talking point for Democrats.
Continued ... -
TARC OKs rate increases
Contrary to its monetary situation, the amount of people riding the public transit system has increased about 10 percent, Barker said.
Continued ...
But the transportation service had not raised its fares, aside from express routes, in four years. -
Miss Clark County 2012 entrants sought
The contest is based on interview, evening gown and professional wear competition. Any Clark County young woman between the ages of 16 to 21 is eligible to participate.
Continued ...
-
Appeals court hears Covered Bridge case
