The Kmart on Wabash Avenue in Baltimore is closing in December, affecting 107 employees.
The Maryland Department of Labor, Licensing and Regulation announced the closure Tuesday after receiving notice from the company.
Layoffs will begin Nov. 30, and the store will close permanently Dec. 7. A liquidation sale began this week.
Some eligible employees will receive severance and will have the opportunity to apply for open positions at Sears and Kmart stores in the area, according to a spokesperson from from Sears Holding Corp., Kmart’s parent company. Most of the employees are part-time and hourly.
The closure is part of an ongoing effort to reduce Sears’ expenses. According to the most recent report from Sears Holding Corp., Kmart stores have experienced declining sales and contributed to net losses for the company. Sears closed 118 Kmart stores from August 2013 to August 2014 leaving it with 1,077 Kmart locations at that time.