WALL, NJ — In the latest round of store closings, the Kmart in the Route 35 Plaza in Wall has not been spared. The doors on the 33-year-old store are expected to close permanently in mid-December, according to its parent company.
The shopping center's anchor store is among four Kmart closings in New Jersey — the others being Wayne, Trenton and Somers Point — announced by TransformCo, which was formed when Sears Holdings filed for Chapter 11 bankruptcy protection in October 2018.
The Kmart in West Long Branch is the only store that will continue to operate in Monmouth County.
“As most of you are aware by now, it is with great sadness for me to tell you that our Wall store will be closing (in) mid-December,” according to a post on the store's Facebook page. “We just celebrated our 33rd birthday here. Many memories and friendships have been made. We want to thank you all who have stuck by our side and supported us. We took pride in our store. We tried and hoped this day wouldn't come.”
Liquidation sales are expected to begin sometime after the Labor Day weekend.
It is not known how many employees are affected. In addition, the company has not provided official notification to the state Department of Labor on the closing of its New Jersey locations. Under state law, all companies with more than 100 employees must file a Worker Adjustment and Retraining Notification (WARN) that gives 60 days’ advance notice of closing or mass layoff.
TransformCo currently operates about 400 Kmart and Sears stores throughout the United States. In a statement released in early August when it announced 26 store closings, the Hoffman Estates. Ill.-based company said it planned to “accelerate the expansion of our smaller store formats which includes opening additional Home & Life stores and adding several hundred Sears Hometown stores.”
The announcement of the closing of the Wall-based Kmart comes some less than six months after Payless ShoeSource also shuttered its doors in the shopping center at 1825 Route 35. It was among all of the retail chain's 2,100 U.S. stores closed as a result of filing for bankruptcy protection.
TAPinto Belmar/Lake Como is Belmar and Lake Como’s only free daily newspaper. Accredited by the New Jersey Press Association, it is the official electronic newspaper of both municipalities. As a locally owned news organization, TAPinto through its advertisers is able to publish online, objective news 24/7 at no charge. Sign up for its free daily e-News, and follow it on Facebook and Twitter.