Kmart Corp., a subsidiary of Hoffman Estates, Ill.-based Sears Holdings Corp., informed state officials that it will close its store at 3201 N. Mayfair Road in Wauwatosa.
The closure of the store means that 103 employees will lose their jobs. The layoffs will begin on June 14. The store will be permanently closed on June 21.
Kmart and Sears have struggled for years and have closed several of their stores. Last year Kmart stores in Hales Corners and Greenfield and Sears stores in Glendale and Racine closed. Sears closed its Sheboygan store earlier this year.
The Wauwatosa Kmart store is located in a hot retail development area and could turn over quickly. The site is just east of the mixed-use Mayfair Collection development at U.S. Highway 45 and Burleigh Street that includes Nordstrom Rack and Saks Fifth Avenue OFF 5th stores and will later add a Whole Foods store.
