Report: Kmart to close two Illinois stores

February 8, 2011 7:49:44 AM PST
Kmart is reportedly ready to close two stores in Illinois.

The Chicago Tribune says the retailer will shut stores in Franklin Park and Washington, which is near Peoria.

The closings will cost 144 people their jobs.

The paper says K-Mart is one of seven companies that have filed papers with the state warning of pending layoffs.