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Job Loss

Business
Newtown Company To Close, 71 Employees To Lose Jobs Newtown Company To Close, 71 Employees To Lose Jobs
Newtown Company To Close, 71 Employees To Lose Jobs A company is closing its Fairfield County plant causing 71 employees to lose their jobs. Cascades Containerboard Packaging in Newtown said in a letter to the First Selectman Jeffery Capeci, its intent to permanently close its manufacturing facility located at 1 Edmond Road, between April 12 and April 26. "We have advised the employees that the layoff will be progressive between the above two dates," the company said. "We have also advised that this action is expected to be permanent." The company said employees will not be offered positions in other plants as the m…

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by Kathy Reakes
Business
New Sears Closure Announced In Hudson Valley New Sears Closure Announced In Hudson Valley
New Sears Closure Announced In Hudson Valley Another one bites the dust. A new Sears location in the Hudson Valley is set to shut its doors amid massive nationwide closures of traditional brick-and-mortar stores. Sears at the Poughkeepsie Galleria will be the latest to close, with signs going up reading “store closing sale,” and “everything must go” throughout the store. Transformco, Sears’ parent company, has been liquidating dozens of Sears and Kmart locations after acquiring the assets of Sears Holding Corporation last year. No official date has been set for the Poughkeepsie closing. Sears and Kmart have closed thousands of job…

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by Zak Failla
Business
Kmart In Yorktown Heights Closing Its Doors Kmart In Yorktown Heights Closing Its Doors
Kmart In Yorktown Heights Closing Its Doors The Kmart in Yorktown Heights in the Yorktown Green Shopping Center is closing its doors in mid-December, according to store officials.  "After careful review, we have made the difficult but necessary decision to close the Kmart store in Yorktown Heights," said company spokesman Larry Costello. "The liquidation sale is expected to begin in mid-September and the store is planned to close by mid-December. We encourage customers to continue shopping on Kmart.com for all their product needs." Although Costello did not say how many employees would lose their jobs, a WARN notice to the sta…

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by Kathy Reakes