nvdaily.com link to home page

Traffic | Weather | Mobile Edition
      Archives | Subscribe | Special Sections


Business arrow AP Business News arrow Markets Summary arrow AP Technology News
Business Wire arrow Ledger arrow Local Markets

| 0

Winchester Kmart to close this spring


Daily staff report

The Kmart store on South Pleasant Valley Road in Winchester will begin its liquidation sale on April 3 and close to the public in early June, according to a statement from the company.

Howard Riefs, director of corporate communications for Sears Holdings Corp., said in a statement that the location is closing because its lease was not renewed. He added that the multiple store closures -- including a location in Harrisonburg -- are part of a series of actions to reduce ongoing expenses, adjust their asset base and accelerate the transformation of their 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," he stated in an email.

Of the Winchester store's 91 employees, most of whom work part-time, eligible associates will receive severance and have the opportunity to apply for open positions at other Sears or Kmart locations, he stated.

The Kmart location in Front Royal will remain open, he noted.


Keep up to date on local news

Sign up here to receive Northern Virginia Daily news delivered to your email box each morning and when breaking news occurs.

Comments

Comments that are posted represent the opinion of the commenter and not the Northern Virginia Daily/nvdaily.com. View our comments/submisssions policy. Report abuse by clicking the X next to the comment.











Local News Sections

Affordable Care Act Agency on Aging Agriculture Alex Bridges Apple Blossom Festival Aviation Basye Berryville Boyce Breaking News Business Charities Civil War Clarification Clarke County Colleges Corrections Courthouse Notes: Permits, Transactions Courts & Legal News Crime & Public Safety Economy and Jobs Edinburg Education Edward N. Bell Election 2012 Election 2013 Entertainment Environment Fairs & Festivals Fire & Rescue Fishers Hill Fort Valley Frederick County Front Royal George Washington National Forest Guest Column Hard Times Health History Holidays Homes In The Spotlight Jeff Nations Joe Beck Josette Keelor Katie Demeria Kim Walter Ledger Livestock Local Markets Maurertown Media Middletown Military & Veterans Moms Mount Jackson New Market Page County Pets & Animals Politics Progress 2013 Progress 2014 Quicksburg Religion Rockingham County RSW Jail Ryan Cornell School News Shenandoah County Shenandoah Farms Volunteer Fire Department Star Tannery State Stephens City Steven A. Boyce Strasburg Toms Brook Traffic & Transportation Utilities Valley 911 Warren County Weather West Virginia Winchester Woodstock Year in Review



News | Sports | Business | Lifestyle | Obituaries | Opinion | Multimedia| Entertainment | Classifieds
Contact Us | NIE | Place a Classified | Privacy Policy | Comments/Submissions Policy | Subscribe

Copyright © The Northern Virginia Daily | nvdaily.com | 152 N. Holliday St., Strasburg, Va. 22657 | (800) 296-5137

nvdaily.com
2013 Virginia Press Association Sweepstakes Winner
The Best Small Daily Newspaper in Virginia!


nvdaily.com | seeshenandoah.com