Martinsville and Commercial Real Estate and Regional News and Morgan County and Retail and Real Estate & Retail

Kmart closing Martinsville store

August 12, 2009

Kmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing 48 employees their jobs.

The closure will leave the metropolitan area with eight Kmart stores — five in Indianapolis, and one each in Anderson, Brownsburg and Greenwood.

The company for years has struggled to keep pace with rivals Wal-Mart and Target, whose supercenter stores have proven more popular with consumers.

Kmart purchased Sears in 2005.

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