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Kmart cuts hurt many as 13 Michigan stores to close
Employees voiced frustration as Kmart announced closures affecting 24 stores nationwide including 13 in Michigan. Sharon Knight, at a Detroit area store, said the 60 to 70 day closure period will end a career built since 1986. Experts say deeper changes are needed to combat Walmart and Target, while sales declines since bankruptcy deepen concerns.
MENTIONED IN THIS ARTICLE
California
North Carolina
Georgia
Sharon Knight
Detroit
Kmart
Michigan
Knight
Anthony Sabino
St. John's University
Arun Jain
University At Buffalo School of Management
Wal-Mart
Target
Jain
Ron Johnson
Johnson
Ust
FBI
Securities and Exchange Commission