Rexburg Kmart to close its doors
Rexburg's Kmart store will close in mid-July.
According to a statement to Local News 8 from Sears Holdings on Wednesday, the store has 63 employees.
Most of the store associates are part-time and hourly. Eligible employees will get severance pay and will be able to apply to other Sears or Kmart stores.
"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," said Director of Corporate Communications Howard Riefs.
The store will begin its liquidation sale May 4.
Copyright 2014 NPG of Idaho. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.