Monday, October 15, 2018
Business

Brandon Kmart location closing, cutting 76 jobs

BRANDON — Sears Holdings, parent company of Sears and Kmart, is closing its Kmart location in Brandon.

"We have been strategically and aggressively evaluating our store space and productivity, and have accelerated the closing of unprofitable stores as previously announced," Howard Riefs, spokesperson for Sears Holdings, said in a statement. "This is not an effort solely aimed at cost savings but is part of a strategy we have been executing against as many of our larger stores are too big for our needs."

The store, located at 1602 W. Brandon Blvd., is currently liquidating and will close in late June, Riefs said. According to a Worker Adjustment and Retraining Notification (WARN) filing with the state, 76 jobs are being cut as a result of the closing. Eligible employees, Riefs said, will receive severance.

MORE: Go here for more Business News

Contact this reporter at [email protected] or (727) 892-2249. Follow @malenacarollo.

Comments
Hurricane Michael reminds us it’s past time to get smarter about where we build

Hurricane Michael reminds us it’s past time to get smarter about where we build

Avoidance is a great way to mitigate risk. As in, get out of trouble’s way, or don’t be there to begin with. When it comes to hurricanes, that good advice is getting harder to heed. In Florida, we continue to build along our coasts, ofte...
Updated: 20 minutes ago
Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt

NEW YORK — Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses. Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be via...
Updated: 2 hours ago
Candidates for Pinellas commission race pause to help with natural disasters

Candidates for Pinellas commission race pause to help with natural disasters

As Election Day nears, the candidates for Pinellas County Commission have shifted from campaigning to helping residents deal with the aftermath of natural disasters.Democrat Amy Kedron held a town hall meeting and helped draft policies for businesses...
Updated: 3 hours ago
The Times 2019 Medicare Guide

The Times 2019 Medicare Guide

It has four main parts, labeled A, B, C and D. But after that, the rules can be wickedly complex. Nearly 60 million people are using it right now. And with an estimated 10,000 people reaching age 65 each day in the U.S., that number is growing fast.S...
Published: 10/15/18
Medicare opens enrollment for 2019 with insurers focused on keeping you out of the hospital

Medicare opens enrollment for 2019 with insurers focused on keeping you out of the hospital

The annual Medicare open enrollment period kicks off today, and the news is generally good for nearly 4.4 million Floridians who rely on the program. Premiums are expected to stay roughly the same in 2019, and many plans are offering expanded perks a...
Published: 10/15/18
Dear Penny: My fiance spends his student loan refund like it doesn’t cost interest

Dear Penny: My fiance spends his student loan refund like it doesn’t cost interest

Dear Penny,I’ve been working full time for five years and have slowly learned to budget as I’ve clawed my way through student loans and credit card debt, which I’m still not out of. This year, I am also saving for my wedding. After that, I want to st...
Published: 10/15/18
Is Tampa Bay headed for another housing bubble? Not this time around

Is Tampa Bay headed for another housing bubble? Not this time around

Home prices keep climbing. Houses sprout in long dormant parts of Pasco and Hillsborough counties. Condo towers rise in our downtowns. It’s no wonder I’m often asked whether we are creating another housing bubble like the one that plunged the economy...
Updated: 2 hours ago
Sun Dome no more: After years of struggle, can the new Yuengling Center find a soul?

Sun Dome no more: After years of struggle, can the new Yuengling Center find a soul?

TAMPA — Kelli Yeloushan slid the latest issue of VenuesNow magazine across her desk."We actually have a full-page ad that just came out today," she said.There on Page 55 of the concert industry trade mag was Yeloushan, director of events management a...
Published: 10/12/18
Updated: 10/13/18
Report: Insured damages for Hurricane Michael pegged at $3B to $5B

Report: Insured damages for Hurricane Michael pegged at $3B to $5B

CoreLogic projects that Hurricane Michael’s wind and storm surge caused between $3 billion and $5 billion in insured losses across all states the storm passed through. Of that, Florida is expected to account for $2.5 billion to 4 billion. "At this ti...
Published: 10/12/18
Nurses at HCA hospitals reach contract agreement

Nurses at HCA hospitals reach contract agreement

Registered nurses from 15 hospitals in Florida owned by the national chain, Hospital Corporation of America, have reached tentative agreements on union contract negotiations. Nurses across Florida and several other states have been picketing, and rec...
Published: 10/12/18