Kmart to Close

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Sunday October 11, 2015

This holiday shopping season will mark the last for the Kmart store located at 947 Shelburne Road in South Burlington. The store is slated to close to the public in mid-January 2016 and will begin its liquidation sale October 25, according to Howard Riefs, the Director of Corporate Communications for Sears Holdings.

“Store closures are part of a series of actions we’re taking to reduce on-going expenses, adjust our asset base, and accelerate the transformation of our business model,” Riefs communicated via e-mail, “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. Our investments in Shop Your Way and Integrated Retail enable us to migrate the shopping activity of highly engaged members who previously shopped these closed stores to alternative channels. As a result, we hope to retain a portion of the sales previously associated with these stores by nurturing and maintaining our relationships with the members that shopped these locations.”

According to Riefs, the South Burlington store has 66 employees. Those associates that are eligible will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores. However, most of the associates are part time/hourly.

The Hannaford grocery store in the adjacent plaza (which is owned by Delhaize) owns the property on which Kmart is currently located. Eric Bloom, the External Communications Manager for Hannaford said he had learned about the impending closure from news reports last week and his company is evaluating potential uses for the entire plaza, including the Kmart space.

Bloom said, “Those discussions are ongoing...on our side, it is premature to talk about what kind of approvals might be needed around the property, since we have not determined what direction we want to move in.”

SOURCE: Corey Burdick Correspondent