Oak Harbor Kmart to close

Oak Harbor’s Kmart is closing its doors for good in late April, according to a company spokesman.

Howard Riefs, director of corporate communications for Sears Holding Corp, said 68 employees, mostly part-time and hourly workers, will lose their jobs.

And another commercial property will sit empty in the city.

Kathy Reed, director of the Oak Harbor Chamber of Commerce, said an inordinate numbers of businesses have closed in recent years. The lot of the old Ford Dealership remains empty, the Whidbey Furniture building is deserted and several buildings downtown are vacant — including the large property of the former Armed Services YMCA.

Kmart Corp. owns the 89,000-square-foot building and the 1.48 acres it sits on. The assessed value is $925,000, according to the Island County Assessor’s website.

Riefs didn’t say what, if anything, the company plans to do with the property.

He said eligible employees will receive severance and have the opportunity to apply for open positions at Sears or Kmart stores.

Sears Holdings Corp., the parent company of Sears and Kmart, announced in 2011 that at least 100 stores will close because of declining sales.

More in Herald Business Journal

More business, more competition for Everett kidney dialysis center

Nonprofit Puget Sound Kidney Centers sees large for-profit competitors enter state market.

Suitors, beware: In Seattle, Amazon also brought disruption

The company has grown there from a workforce of about 5,000 to more than 40,000 in 33 buildings.

Tax cuts won’t generate as much economic growth as Trump says

There’s little historical evidence that tax cuts actually pay off in boosting economic growth long-term.

How the Airbus-Bombardier alliance could squeeze Boeing

“It makes Boeing look like they’ve been playing tic tac toe against a chess master,” says an analyst.

City of Marysville adds HR director

The City of Marysville has hired Bill Kolden as its new human… Continue reading

Economic Alliance to host After Hours event at Clothes for Kids

The next Economic Alliance Snohomish County Business After Hours event is from… Continue reading

Speed Networking planned by Lynnwood Chamber

The next Good Morning, Lynnwood Chamber Speed Networking is from 7:30 to… Continue reading

More self-awareness could help build a better medical system

Marcy Shimada of Edmonds Family Medicine writes the second in a series about fixing our health care system.

Scratch-and-sniff brochures aimed to prevent disaster

Puget Sound Energy has distributed more than a million scratch-and-sniff brochures to… Continue reading

Most Read