The Kmart store in Brick’s Laurel Square shopping center has survived another round of store closures announced late Thursday by Sears Holdings Corporation, the parent company of the Big Box chain.
Rumors of the store’s closure have circulated for years, but they have always been proven incorrect.
Sears announced Thursday that it would close 78 stores between the Sears and Kmart brands. No stores in New Jersey were on the closure list.
The Laurel Square shopping center, between routes 70 and 88 in Brick, has seen a marked decrease in traffic since its anchor store, Pathmark, closed late last year. Its Brixmor Property Group, told Shorebeat recently that it plans on continuing to operate the property as a shopping center and is trying to lure another supermarket chain to take the place of Pathmark.