Sears officials confirm to 14 News that the Kmart location in Madisonville will be closing in mid-October.
The store has 39 employees.
It will begin a liquidation sale on August 14.
Sears has closed more than 70 Kmart stores nationwide over the last year.
Madisonville Mayor David Jackson says he hates to see a business go, but they are already looking for replacements.
"I've already had several conversations with the developer and he keeps me informed of prospects when they contact him and things that he's working on. So we're very hopeful to fill those spaces pretty quickly," said Jackson.
Sears said in a statement to 14 News that most of the employees at the Madisonville location are part-time or hourly.
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