K-Mart is closing its doors in Chicago’s Loop neighborhood after nearly a decade in business.

The chain, known for its kiddie products, was acquired by Kmart for $15 billion in December.

The closure was announced Monday, and it’s unclear what will happen to the chain.

The company said on Twitter that it will not close and that employees will be retained.

A representative for the Kmart did not immediately respond to a request for comment.

Kmart opened in the Loop in 1975 and had a large presence in the area.

In 2010, the chain opened its second store in North Beach, which is now home to the iconic Biltmore Hotel.

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