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Kmart to close at least eight stores
Hoffman Estates, Ill. – Kmart Corp. will close at least eight stores by the end of 2014 as part of broader cost-cutting moves by parent company Sears Holding Corp. Kmart spokespeople sent emails to media outlets in Michigan, Indiana and Iowa announcing that Kmart will close at least five stores in the Detroit area, two in the Indianapolis area and one in Ames, Iowa.
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GameStop to hire 25,000 holiday employees
Grapevine, Texas – GameStop plans to hire approximately 25,000 employees nationwide as the company prepares for the upcoming holiday shopping season. This year’s total number of seasonal hires is approximately 47% higher when compared to the same period in 2013.