HARRISONBURG — The Kmart on East Market Street in Harrisonburg will close in June after four decades in the Friendly City, according to a statement from the company.
The closure was one of several announced today by the firm, which is owned by Sears. The Winchester Kmart also will close this spring. It’s not clear if other stores in the central Valley also will be shuttered.
“This store is being closed because the lease was not renewed,” Howard Riefs, corporate communications director for Sears. “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.”
A liquidation sale is set to begin on March 16, Riefs said.
The store has 79 employees. Those who are eligible “will receive severance and have the opportunity to apply for open positions at area Sears or Kmart stores,” Riefs said.
The Daily News-Record will have a complete report on this story in Tuesday’s print and online editions.