310 WestSecond Street
From: Mayor Caillouet’s Office
Date: March20, 2002
KMART CLOSING DATE ANNOUNCED
Mayor Charles Caillouet and the City of Thibodaux have been officiallynotified by Kmart’s Vice President of Field Human Resources Shawn Hearn of theThibodaux K-Mart closing date. Kmartstore # 7910, 1657 Saint Mary Street, Thibodaux, Louisiana has been scheduled topermanently close on Tuesday, May 7, 2002. Kmart has contacted the state’s Dislocated Worker Rapid Response Unitto make sure that all of their associates’ transitions go with ease. “I am sad to hear that our community will be losing such a largecompany,” stated Mayor Caillouet. Terminations will commence on or about May 7, 2002.
“This measure of closing under-performing stores, although extremelypainful and difficult, will help make Kmart stronger, more competitive andprofitable,” said Kmart Chief Executive Officer Charles C. Conaway. For more information or most recent details, refer to Kmart’s web site www.bluelight.comunder Corporate News and Restructuring Information.