Tipster: Kmart Tells Employees Gallery Location Is Closing

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We got an anonymous phone call from someone who says the manager at the Kmart store at the Gallery told the employees yesterday at 9 a.m. that the store would be closing in the next two months because PREIT, which owns the mall, wants to put a “high-end store in its place.” The caller said Burlington Coat Factory was in a similar situation, and that Kmart’s going-out-of-business sale will start in a couple weeks.

Developing…