Auto Centers Ordered to Stay Open at Kmart
From Times Wire Reports
A bankruptcy court in Troy issued a temporary restraining order requiring Penske Auto Centers to continue operating service centers at Kmart Corp. locations in 44 states, the discount retailer said.
The order was issued the same day Penske Auto Centers LLC planned to close 563 centers at Kmarts. U.S. Bankruptcy Judge Susan Pierson Sonderby’s order prohibits Penske from taking any action to close or liquidate the centers.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.