Oaklawn will lose Kmart store in mid-November
Oaklawn will lose its Kmart store in mid-November, as owner Sears continues to fight revenue losses, according to USA Today.
A 22 percent drop in revenue prompted the announcement, which identified 27 other Kmarts across the country that will close as well, including one in Belleville and one in Elmhurst.
Sears had already scheduled 180 closings this year.
The Oaklawn store at 95th Street and Pulaski will be the second in the vicinity to close, following the Kmart formerly located at 111th Street and Cicero, which closed when the Stony Creek Promenade was installed.
Liquidation sales are scheduled to begin at the of August.
The other states listed for Kmart closures are Arizona, California, Colorado, Connecticut, Florida, Kansas, Michigan, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island and South Carolina.
The first Kmart opened in 1962 in Garden City, Michigan.