Kmart store in Oconomowoc to close in March

Among 80 new closures announced nationwide

Kmart shutterstock 2016
Kmart, photo by Shutterstock

Kmart in Oconomowoc will close in late March, parent company Sears Holdings Corp. announced today.

The store, located at 450 Summit Ave., is one of 80 “unprofitable” Kmart and Sears stores throughout the country that will shut down in March.

Liquidation sales at these stores are expected to begin in two weeks, according to the announcement.

The wave of closures is in addition to the 40 Kmart and Sears closures that Sears Holdings announced early last month. Those stores, including the Kmart store in Cudahy, will close in February.

More than 200 closures have previously been announced by the company.

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Maredithe Meyer
Maredithe Meyer started as an intern reporter at BizTimes in summer 2015. She currently covers entertainment, sports, tourism and restaurants. In May 2017, she graduated with a journalism degree from Marquette University where she worked as an in-depth projects reporter for the Marquette Wire and Marquette Tribune.